by Daniel Foch | Oct 14, 2023 | Boards & Associations, Columnists
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 Jordana Springgay | Sep 26, 2023 | News
The federal court has given the green light for a class-action lawsuit alleging price-fixing and anti-competitive practices in the GTA’s real estate industry to proceed. The lawsuit, first filed in April 2021 on behalf of Toronto resident Mark Sunderland, names...
by Daniel Foch | Sep 16, 2023 | Boards & Associations, Columnists
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...
by Daniel Foch | Aug 16, 2023 | Boards & Associations, Columnists
Canada’s real estate market continued to cool in July, despite the summer heat. Months of inventory rose for the first time after falling for seven consecutive months since January. Sales-to-new listings ratio continued its steep downtrend for the fourth...
by Daniel Foch | Jul 17, 2023 | Columnists
The quarterly number of homes sold in Canada just increased for the first time since 2021. Transactions in June 2023 came in 4.7 per cent above June 2022 — the largest jump in two years, according to CREA’s June data. Perhaps the resurrection in...
