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Sales, new construction and prices all expected to decline during pandemic

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales and new listings fell by more than half in April 2020 compared to March.

The housing market can expect some recovery towards the end of the year according to Altus Group.

A sharp rise in joblessness, combined with the bust-out of the short-term rental market, will send Canadian house prices down in the short term, some market experts are ... More

The national market can still provide some impetus for home price growth despite declining sales, according to Royal Bank of Canada Senior Economist Robert Hogue.

Canadian home prices could fall a “relatively modest” five per cent by July as some owners are forced to sell in the face of the economic hardship brought on by ... More

Rising unemployment and high debt is expected to boost mortgage loan delinquencies in Canada, though experts say it won’t play out like the U.S. subprime mortgage crisis ... More

The outlook on the Canadian housing market: RBC

Nearly four-fifths of Canadians expect the economy to worsen over the next few months.

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales and listings were down sharply between February and March 2020.

According to the Royal LePage House Price Survey and Market Survey Forecast released today, the aggregate price of a home in Canada is expected to remain remarkably stable ... More

The trend in housing starts was 204,717 units in March 2020, compared to 209,109 units in February 2020, according to Canada Mortgage and Housing Corporation (CMHC).

Real estate listings are drying up, open houses have been canceled, and buyers are staying home.

Realtors across Canada are kicking off the busy spring selling season with the unprecedented step of cancelling open houses, moves that could contribute to slower-than-forecast ... More

A measure of Canada’s consumer confidence has reported its biggest drop ever amid the COVID-19 pandemic.

RBC senior economist Robert Hogue gives his latest housing market assessment

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were up between January and February 2020.

The trend in housing starts was 208,525 units in February 2020, compared to 211,153 units in January 2020, according to Canada Mortgage and Housing Corporation (CMHC).

Lower mortgage rates likely to offset any major drag from a global outbreak

Canada’s housing market remains moderately vulnerable, while Toronto and Hamilton are seeing overheating and price acceleration, but that overvaluation seems to remain ... More

The pace of inbound immigration to Canada – cited as the fastest among the G7 nations – is driving an unprecedented housing boom.

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales declined between December 2019 and January 2020.

The average rent for a two-bedroom apartment in big cities increased by 3.9%, clocking the fastest growth since 2001.

The chief executive of the Bank of Nova Scotia says Canada’s housing market needs more supply, not a major change to the mortgage stress test.

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales eased between November and December 2019.

There was a decline in the 6-month moving trend in Canadian housing starts in December.

Royal Bank of Canada chief executive Dave McKay told a banking conference on Tuesday that the mortgage stress test has “generally been good ... More

The lack of housing supply is expected to remain a pressing concern this year as Canada moves further to a seller's market, market watchers say.

Canadian mortgage lenders shouldn’t worry too much about the performance of their loans in 2020 according to a new report from Fitch Ratings.

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales continued to edge higher in November 2019.