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National home sales hit 14-year low in January

National home sales hit 14-year low in January

The Canadian real estate market has continued its descent below the 10-year average for another month, with sales down three per cent from December to January.  While these holiday months are typically the two slowest months of the year, the last two months have been...
GTA sees uncharacteristically weak market in January

GTA sees uncharacteristically weak market in January

January is typically a slow month for transactions, but the Greater Toronto Area’s real estate market appears to be off to an exceptionally slow start this year, with most metrics significantly trailing January 2022. Industry anecdotes point to a lot of buyers...
Home sales edge up slightly in December

Home sales edge up slightly in December

Home sales in Canada edged up slightly between November and December, a trend not often seen at the tail end of a calendar year.  CREA is releasing national statistics for December 2022, and while there are no surprises, there are reasons to pay attention to the...