pandemic

The Canadian Real Estate Association expects home sales to edge down less than one per cent and prices to fall almost six per cent from 2022, which ended with the market in a sluggish state as sellers and buyers sat on the sidelines. The…

The average listed rent for all property types rose 12.2 per cent year over year in December to $2,005, an increase of $217 over the same month last year, according to the Rentals.ca and Urbanation latest National Rent Report. Average…

TORONTO — The median price of a home in Canada in the fourth quarter of 2022 posted the first year-over-year decline since the end of 2008 during the financial crisis, Royal LePage says. In its house price survey released Friday, the…

OTTAWA — The Canadian Real Estate Association says seasonally adjusted home sales were down 3.3 per cent on a month-over-month basis in November. The association said Thursday the move lower more than erased the gain seen in October and…

TORONTO — Royal LePage is forecasting the aggregate price of a home in Canada will drop by one per cent to $765,171 by the fourth quarter of 2023. The real estate company says it expects prices to flatten in the second quarter and then…

The Bank of Canada expects to see a clear pullback in inflation by the spring, but it isn't taking any chances in its efforts to get the inflation rate back to two per cent, said governor Tiff Macklem on Monday. ``Yes, we are going…

TORONTO – Royal Bank of Canada economists say the country has reached a record number of renters as the number of people renting has increased at three times the rate of homeowners in the past decade. Assistant chief economist Robert…

OTTAWA – The Bank of Canada hit a turning point on Wednesday when it announced a half percentage point interest rate increase while signalling it might be ready to pause its aggressive rate hike cycle. The central bank hiked its key…

TORONTO — A new report from Royal LePage shows 75 per cent of U.S. citizens living in border towns and owning recreational properties in Canada made their purchase after the federal government announced its forthcoming foreign buyer ban.…