Canada Housing Market

Canada Housing Market

Canada’s Housing Market: Slow and Steady Wins the Race

Canada’s Housing Market: Slow and Steady Wins the Race Following the federal government’s latest mortgage requirements, the Canadian housing market has seen a dramatic downturn in sales. Over the past few months, cities such as Barrie, Toronto, and Vancouver have gone from having houses sell within 24 hours to houses sitting for weeks - in [...]

By | 2018-10-30T17:59:17+00:00 October 30th, 2018|Economy|Comments Off on Canada’s Housing Market: Slow and Steady Wins the Race

Home sales plunge, prices still holding up.

Housing cools Canada's housing market continues to cool markedly, with sales plunging 17.4 per cent in December from a year earlier. Prices, however, still held up, with a gain of 1.6 per cent from December, 2011. On a month-over-month basis, sales were little changed from November, the Canadian Real Estate Association said today. New listings [...]

By | 2017-01-04T01:02:27+00:00 January 23rd, 2013|Economy|Comments Off on Home sales plunge, prices still holding up.

Alberta emerges on top after years of weaker housing starts

   Home construction is booming in the Prairies, and Alberta, after years of tepid housing starts, is leading the charge. The rate of residential construction, especially condominiums, has lagged the oil boom in Alberta in the past few years. But blockbuster housing starts in March — they jumped 72% year over year — hint that [...]

By | 2012-04-12T17:07:29+00:00 April 12th, 2012|Economy|Comments Off on Alberta emerges on top after years of weaker housing starts