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The market wakes, but refuses to run: Foch

The market wakes, but refuses to run: Foch

It is rare to see back-to-back housing reports that feel like mirror images. Yet Canadian Real Estate Association (CREA)’s data for June reads almost like a script re-run of May. Another modest rise in sales. Another month of flat prices. Another subtle shift in...
Why Canada’s condo market is unraveling

Why Canada’s condo market is unraveling

After a wave of rapid expansion, Canada’s condominium market is facing a dramatic reversal, as a glut of unsold inventory and a sharp retreat by investors have triggered a sector-wide slowdown. A report from the Canada Mortgage and Housing Corporation in June found...
Montreal market stalling as sellers stay put

Montreal market stalling as sellers stay put

Montreal’s housing market recovery has hit a wall this year, weighed down by trade tensions. Even with recent signs of easing in tariffs, the real estate market remains sluggish, according to RBC. Home resales fell an estimated two per cent from May to June — the...