3/15/2023 | Posted in Canadian Housing Market by Anthony (Tony) Barone
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were up on a month-over-month basis in February 2023.

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  3/8/2023 | Posted in Canadian Economy and Interest Rates by Anthony (Tony) Barone
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Royal Bank of Canada (RBC) has published its report and outlook on the country’s housing market and sees the market downturn headed towards its conclusion.

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  2/15/2023 | Posted in Canadian Housing Market by Anthony (Tony) Barone
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down on a month-over-month basis in January 2023.

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  2/10/2023 | Posted in Canadian Housing Market Predictions by Anthony (Tony) Barone
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A new report says Canada's housing market will see new listings fall in the first quarter before rebounding later in the year and then, slowing to a more modest growth pace ... More

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  1/16/2023 | Posted in Canadian Housing Market by Anthony (Tony) Barone
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were up on a month-over-month basis in December 2022.

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  12/15/2022 | Posted in Canadian Housing Market by Anthony (Tony) Barone
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down on a month-over-month basis in November 2022.

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  11/16/2022 | Posted in Canadian Housing Market by Anthony (Tony) Barone
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Sales data shows some positive signs and Scotiabank believes the market could be on course for better days ahead.

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  11/15/2022 | Posted in Canadian Housing Market by Anthony (Tony) Barone
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales edged a little higher in October 2022.

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  10/20/2022 | Posted in Canadian Housing Market by Anthony (Tony) Barone
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In September, the seasonally adjusted composite index fell by 2.0%, matching the previous month’s record decline and representing a fifth consecutive monthly ... More

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  10/14/2022 | Posted in Canadian Housing Market by Anthony (Tony) Barone
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down in September 2022.

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  10/11/2022 | Posted in Canadian Housing Market by Anthony (Tony) Barone
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TD Economics has revised its housing forecast to account for even steeper price declines in early 2023 and then slower growth for the remainder of the year.

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  10/7/2022 | Posted in Canadian Housing Market by Anthony (Tony) Barone
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While home prices across Canada are projected to fall further into the early part of next year, the housing market is in the midst of a correction rather than a crash, ... More

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  9/30/2022 | Posted in Canadian Housing Market Predictions by Anthony (Tony) Barone
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Canada’s national housing agency plans to revamp its forecasts to call for a drop of as much as 15% in home prices, as higher mortgage rates threaten to cause a ... More

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  9/20/2022 | Posted in Canadian Housing Market by Anthony (Tony) Barone
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In addition to recording a fourth consecutive monthly decline on a seasonally adjusted basis, the Teranet-National Bank Composite House Price Index™ experienced its ... More

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  9/15/2022 | Posted in Canadian Housing Market by Anthony (Tony) Barone
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales slowed slightly in August 2022.

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Real Estate & Mortgage News

  8/25/2022 | Posted in Canadian Housing Market by Anthony (Tony) Barone
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While market activity has decelerated significantly in recent months, several factors will act in concert to prevent an all-out housing crash, market observers argue.

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Real Estate & Mortgage News

  8/15/2022 | Posted in Canadian Housing Market by Anthony (Tony) Barone
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales slowed further in July 2022.

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Real Estate & Mortgage News

  7/18/2022 | Posted in Mortgages and Real Estate by Anthony (Tony) Barone
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A BMO Capital Markets senior economist says the Bank of Canada's recent move to increase its key interest rate is setting up the housing market for an even deeper ... More

Real Estate & Mortgage News

  7/15/2022 | Posted in Canadian Housing Market by Anthony (Tony) Barone
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down in June 2022.

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Real Estate & Mortgage News

  6/28/2022 | Posted in Interest Rates by Anthony (Tony) Barone
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Inflation in Canada grew at a pace not seen since 1983, further increasing the likelihood of an “oversized” rate hike of 75 basis points at the Bank of ... More

Real Estate & Mortgage News

  6/15/2022 | Posted in Canadian Housing Market by Anthony (Tony) Barone
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down in May 2022.

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Real Estate & Mortgage News

  6/8/2022 | Posted in Canadian Housing Market by Anthony (Tony) Barone
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House prices are set to continue falling across Canada as a result of the current market cooldown, with the only question being by how much, according to a well-known ... More

Real Estate & Mortgage News

  6/8/2022 | Posted in Canadian Housing Market by Anthony (Tony) Barone
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Central bank's outsized rate increases having a big impact, according to RBC.

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Real Estate & Mortgage News

  5/25/2022 | Posted in Canadian Housing Market by Anthony (Tony) Barone
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"This is more likely to be a soft landing than a severe correction or some kind of crash or meltdown"

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Real Estate & Mortgage News

  5/17/2022 | Posted in Canadian Housing Market by Anthony (Tony) Barone
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The average price for a house in Canada fell for the second straight month in April, posting a 12.6% decline from March.

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Real Estate & Mortgage News

  5/17/2022 | Posted in Canadian Housing Market by Anthony (Tony) Barone
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After two years of red-hot market activity, higher borrowing costs are causing a cool down in Canada’s feverish real estate markets during the traditionally busy spring ... More

Real Estate & Mortgage News

  5/2/2020 | Posted in Canadian Economy and Housing Market by Anthony (Tony) Barone
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A sharp rise in joblessness, combined with the bust-out of the short-term rental market, will send Canadian house prices down in the short term, some market experts are ... More

Real Estate & Mortgage News

  4/26/2020 | Posted in Canadian Housing Market by Anthony (Tony) Barone
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The national market can still provide some impetus for home price growth despite declining sales, according to Royal Bank of Canada Senior Economist Robert Hogue.

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Real Estate & Mortgage News

  4/21/2020 | Posted in Canadian Housing Market by Anthony (Tony) Barone
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Canadian home prices could fall a “relatively modest” five per cent by July as some owners are forced to sell in the face of the economic hardship brought on by ... More

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