Home Prices Post Monthly Gain as Supply Tightens
September 15, 2021
National home prices posted their first monthly increase since February as housing inventory tightened further to “extremely low” levels, the Canadian Real E…
Tag: CREA
Home Prices Mark Fourth Consecutive Monthly Decline From March Peak
August 16, 2021
Real estate activity and home prices across Canada continue to retreat from their March peak, but record-low inventories are keeping many local markets “extremely…
Housing Market Moderates in May, but Prices Forecast to Rise 19.3% this Year
June 15, 2021
Home sales and prices continued to moderate in May, easing from March’s peak. But with ongoing tight supply and high demand, prices are expected to remain elevated…
Canadian Home Prices Take a Breather in April. Will it Last?
May 17, 2021
After months of record-setting gains, home sales and prices took a breather in April compared to March’s results. Annual gains, meanwhile, were skewed due to last…
FOMO & Tight Housing Supply Drive Home Prices to a New Record
March 15, 2021
For the eighth straight month, Canadian home prices set yet a new record high in February, the Canadian Real Estate Association reported on Monday…
December Caps off Blockbuster Year for Canadian Housing
January 15, 2021
Despite a global pandemic that ravaged the Canadian economy early in the year, the housing market came back with a roar and ended the year by shattering records in December.
The average home sale price in the month rose to $607,280, up 17.1% comp…
Tight Market Conditions Keep Home Sales and Prices at Historical Highs
December 17, 2020
Canada’s average home price remained at a historical high in November as housing inventory remains at historical lows.
The average sale price in the month was $603,000, 13.8% from a year earlier, according to data released by the Canadian Real Es…
Home Prices Up 17% in September, But Some Signs of Cooling Showing
October 15, 2020
The average home price in Canada surpassed $600,000 for the first time ever in September and home sales jumped nearly 46% compared to a year ago.
But, beneath the headline-grabbing details from the Canadian Real Estate Association’s latest housin…
Housing Market Soars Above Pre-Pandemic Levels. But Will it Last?
September 15, 2020
The unlikely rebound of Canada’s real estate market continues, with home sales surging to 20% higher than pre-pandemic levels.
Home Prices Set New Record High, Sales Surpass Pre-COVID Levels
August 18, 2020
Continuing the upward trend that started in June, home sales bounced back to pre-COVID levels in July, soaring 30.5% year-over-year.