home sales

Buyers are spending more money on home purchases in several major Canadian cities, even as the COVID-19 pandemic causes layoffs and income reductions across the country.The Canada Mortgage and Housing Corp. said Thursday that home sales…

OTTAWA – Bank of Canada governor Tiff Macklem says the central bank is seeing early signs that people may be purchasing homes solely because they believe prices may go up.Macklem says rising prices in particular for single-family…

In a speech today to chambers of commerce in Calgary and Edmonton, Bank of Canada Governor Tiff Macklem discussed how the economy and jobs could be different after the COVID-19 pandemic and what we can do to ensure that everyone benefits as…

TORONTO – Canada's biggest banks will report their quarterly financial results this week, and analysts say they will be listening for hints as to how bank executives view the economic recovery from COVID-19.John Aiken, head of research…

Sales of previously occupied U.S. homes rose again last month, a sign that the housing market's strong momentum from 2020 may be carrying over into this year.Existing U.S. home sales rose 0.6% in January from the previous month to a…

The suburbs surrounding Toronto, Montreal and Vancouver's are fueling an uptick in homes beginning construction and properties ready for occupancy, says Canada Mortgage and Housing Corp.In two reports released Monday, the federal…

Canadians didn't let COVID-19 or a lack of housing supply stop them from flocking to the real estate market in January as they snatched up a record number of homes and shelled out more than they had in previous years.The Canadian…

According to the Toronto Regional Real Estate Board (TRREB), the outlook for the Greater Toronto Area (GTA) real estate market is healthy with strong buying intentions, a near-record sales forecast of more than 100,000, and a record average…

By J.P. Antonacci, Local Journalism Initiative ReporterTHE HAMILTON SPECTATORRay Ferris has been a realtor in Norfolk County for 25 years, but last month he experienced a rarity –  he sold a cottage in January.``Generally in…

LONDON FREE PRESSStruggling small towns in Southwestern Ontario could be primed for a rebound as the COVID-19 pandemic has made rural living more appealing, a new report says.A policy report from the Ontario Real Estate Association…