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home sales

Alberta economy doing better than expected in June forecast, TD economists note

The Canadian Press Jul 16, 2019

CALGARY – Encouraging data points are forcing economists to consider upgrading their expectations for weak 2019 economic growth in Alberta as the province continues to recover from the effects of extreme heavy oil price weakness late last…

Real Estate

Market Conditions in Montréal Tighten as Sales and Prices Rise

Building Jul 5, 2019

Based on the real estate brokers’ Centris provincial database, the Québec Professional Association of Real Estate Brokers (QPAREB) released a recent residential real estate market statistics, for the Montréal Census Metropolitan Area (CMA).…

Real Estate

The CREA’s Recent Statistics Reveal Canadian home sales Increased in May 2019

Building Jun 24, 2019

The Canadian Real Estate Association's (CREA) recent statistics, recorded by the Canadian MLS Systems, reveal a rise in national home sales by 1.9 per cent in May 2019. With monthly gains in March and April, activity in May reached the…

Real Estate

Report says government policies weigh on declining B.C. housing market

Dirk Meissner — The Canadian Press May 29, 2019

VICTORIA — A real estate market outlook by Vancouver's Central 1 Credit Union says tougher federal and provincial government housing policies are behind a drop in demand for resale housing in British Columbia.The report released on…

Building

Reduced demand, increased supply remains trend across Vancouver’s housing market

Building May 3, 2019

Decreased demand continues to allow the supply of homes for sale to accumulate across the Metro Vancouver* housing market.The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled…

Building

Mortgage stress test accounts for up to $15B drop in new mortgages in 2018: CIBC

Aleksandra Sagan – THE CANADIAN PRESS Apr 17, 2019

Ottawa's new mortgage stress tests accounted for at least half of the decline in new mortgages started last year, according to a new report by CIBC that calls for the measure to be revisited amid a falling housing markets.The total…

Building

Canadian home sales edge higher in March

Building Apr 15, 2019

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales edged higher in March 2019 after having declined sharply the previous month.Highlights:National home sales edged up 0.9%…

Building

Greater Toronto home sales flat in March while prices edge up and listings fall

Building Apr 4, 2019

Toronto Real Estate Board President Garry Bhaura announced that Greater Toronto Area REALTORS® reported 7,187 residential sales through TREB’s MLS® System in March 2019. This result was inline with 7,188 sales reported in March 2018.…

Building

Metro Vancouver’s dismal home sales in March blamed on government policies

Building Apr 2, 2019

Metro Vancouver home sales dipped to the lowest levels seen in March in more than three decades.The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,727 in March 2019, a 31.4…

Building

Canadian home sales fall in February, average price down; CREA updates outlook

Aleksandra Sagan - THE CANADIAN PRESS Mar 15, 2019

The average price for homes sold last month was down 5.2 per cent from last year as the number of sales dropped to a 10-year low for the seasonally weak month of February, the Canadian Real Estate Association reported Friday.The…

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