It seems that the interest rate reality is finally catching up to the Canadian housing market, with very few positive data points to report when it comes to home sales in October 2023, as the Canadian Real Estate Association reports. Sales up from 2022, down...
For the first time in decades, Toronto real estate is in a buyer’s market. October marks another month of bad records for Toronto real estate. With sales down 5.8 per cent since the same month last year, the region has posted one of the lowest numbers of October home...
House prices have eased as the national home sales declined by 1.9 per cent between August 2023 and September 2023, according to data from the Canadian Real Estate Association. This is now the third month of decrease, and a very atypical and alarming scenario given...
By September of last year, Toronto’s real estate market had suffered seven months of price declines and one of the slowest September markets we’ve seen on record. The market was largely stabilized up by supply, or rather, the absence of it. We saw a...
Once again, sales volume has continued to fall in Canadian real estate — although this time, it was probably to be expected. According to monthly statistics from CREA, national home sales declined 4.1 per cent month-over-month in August, which is...
