The official nationwide legalization of recreational cannabis is merely a few hours away, and realty groups continue to vocalize concerns with regards to home cultivation and possible property damage. Under the new laws, Ontario homeowners will be permitted to grow…
According to the CREA, the Canadian housing market is down again with sales dropping 17% last month compared to last year. Despite the decline in sales and prices…
Canadian real estate prices are still at record highs, but there has been a shift in the market that has some Canadians wondering what’s going to happen next. Let’s quickly recap on some recent happenings before we update you on the current market conditions:
Have home sales peaked? The Canadian Real Estate Association seems to think so. But despite limited numbers of homes available for purchase in the country’s two hottest real estate markets, Canadians can expect to see steady gains in price of homes and demand in most markets over the coming months.
CREA has hiked their housing market forecast for this year and next as high demand persists despite rising prices. How affordable is the housing market in your region? Read on for our breakdown.
Foreign real estate investment is a point of contention for expensive markets like Vancouver, where locals allege prices are driven excessively high by buyers who don’t even reside in the city. Now, the Conservative government has made a re-election promise to address the issue – but at what cost?
The latest numbers from CREA show the average home price in Canada is on an uptick, clocking in at $430,000. What does this mean for prospective mortgage borrowers?
CREA has revised its forecast for 2015 home prices, as they’re expected to rise even faster than anticipated. What does this mean for prospective buyers looking to own a home in the new year?
Bad weather may have delayed the busy spring real estate season but it didn’t completely sour homebuyers’ shopping moods. According to the Canadian Real Estate Association (CREA), home sales were up 5.9 per cent from April to May this year. That’s the strongest month-over-month increase in four years.
CREA’s latest housing data update indicates the Fall market may have been driven by customers possessing a low rate hold.