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home sales

Toronto home sales see small uptick in January as prices continue to go up

THE CANADIAN PRESS Feb 6, 2019

Home sales in Toronto and the surrounding area saw a small uptick in January, a sign that the real estate market in Canada's largest city remains stable.The Toronto Real Estate Board reports that there were 4,009 home sales recorded…

Building

Ottawa home sales jump 16 per cent, marks most January sales in decades

THE CANADIAN PRESS Feb 5, 2019

Home sales in Ottawa and the surrounding area surged nearly 16 per cent in January, as homebuyers showed they were undeterred by record cold temperatures and snowfalls.The Ottawa Real Estate Board says 829 residential properties were…

Building

Vancouver home sales fall nearly 40 per cent in January, as prices pull back

THE CANADIAN PRESS Feb 4, 2019

Vancouver's once red-hot housing market continued to cool last month as the number of home sales fell to the lowest level seen in January in 10 years.The Real Estate Board of Greater Vancouver says 1,103 homes were sold in Metro…

Building

GTA new home sales drop to 20-year low in 2018: BILD

Building Feb 1, 2019

Overall in 2018, there were 25,161 new homes sold in the GTA, according to Altus Group, BILD’s official source for new home market intelligence, making 2018 the year with the lowest number of new home sales in the GTA since Altus Group…

Building

Canadian home sales continued decline in December 2018: CREA

Building Jan 15, 2019

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales posted a fourth-straight monthly decline in December 2018. Home sales via Canadian MLS® Systems fell by 2.5% in December 2018 compared to…

Building

Luxury home sales in Canada down in 2018: Sotheby’s report

THE CANADIAN PRESS Jan 9, 2019

Sales of luxury properties declined sharply in three of Canada's biggest cities last year as homebuyers retreated amid tightened mortgage guidelines and higher interest rates.A report released today found that Vancouver, Toronto and…

Building

Greater Toronto home sales drop 16 per cent in 2018, fewer houses listed: TREB

Linda Nguyen, THE CANADIAN PRESS Jan 4, 2019

The number of homes sold in Toronto and the surrounding area fell in 2018, along with the number of new listings hitting the market, as homebuyers and sellers grappled with a new reality of higher interest rates and stricter mortgage rules.…

Building

Vancouver home sales fall to lowest total since 2000, detached home prices down

THE CANADIAN PRESS Jan 3, 2019

Home sales in metro Vancouver plummeted to their lowest level in nearly two decades last year and the average home price moved lower in the once red-hot real estate market.The total number of homes sold in Metro Vancouver last year fell…

Building

Slowing new home market bringing GTA sales back to normal: BILD

Building Dec 20, 2018

In November, the GTA new home market saw more typical activity levels—both in new home sales and new project openings—after a relatively strong October, the Building Industry and Land Development Association (BILD) announced today.There…

Building

National home sales forecasted to fall to nine year low next year: CREA

Linda Nguyen, THE CANADIAN PRESS Dec 17, 2018

National home sales are projected to fall to a near decade low in 2019, as rising interest rates and strict mortgage stress-test rules continue to put a damper on homebuyer sentiment, according to the Canadian Real Estate Association.The…

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