Toronto Real Estate Sales Pop In The 905, Drop In The City, and Inventory Rises In Both
Toronto real estate saw prices make a mild increase, but logged fewer sales in September than August – which is unusual.
UBS Ranks Toronto and Vancouver In Top 5 Global Real Estate Bubbles
Toronto and Vancouver real estate are two of the world’s most bubbly markets, according to a Swiss mega bank. UBS analysts updated their Bubble Index, with both cities near the top of their list. The bank noted prices are elevated in most economic centers, so they’re not alone. Historically, analysts noted, elevated asset prices decline […]
Canadian Real Estate Price Growth Is Climbing Again
Canadian real estate prices are just off of all-time highs. Canadian Real Estate Association (CREA) numbers show prices fell on a monthly basis in August, but were still positive from last year. The most interesting takeaway is the price growth deceleration across Canada, as interest rates rise. The rate of growth rapidly dropped, and bounced […]
Greater Toronto and Vancouver Real Estate Markets Are The Fastest Cooling In Canada
The Canadian real estate market continues to get cooler. Canadian Real Estate Association (CREA) numbers show declines to the sales to new listings ratio (SNLR) in all but 3 major markets for August . The declines to SNLRs were largest Greater Toronto and Vancouver, last year’s hottest markets. Sales To New Listings Ratio The sales […]
Canadian Real Estate Association Lowers Sales Forecasts For 2019… Again
The Canadian real estate industry expects sales to slow further than previously thought. Canadian Real Estate Association (CREA) economists have revised their annual forecasts. The good news is the summer was better than expected, leading to an improved outlook for 2018. The bad news is the ambitious 2019 forecast is looking less ambitious. CREA now […]
Canadian Real Estate Sales See Worst August Since 2013
Canadian real estate sales continue to cool, after spending years at record highs. Canadian Real Estate Association (CREA) numbers show August sales came in lower. That’s on top of last year’s declines, making it the slowest August since 2013. Canadian Real Estate Sales See Slowest August Since 2013 Canadian real estate sales experienced a small […]
Vancouver Detached Real Estate Prices Drop Over $27,000
Vancouver real estate is seeing the worst sales in years, and detached homes were no exception. Real Estate Board of Greater Vancouver (REBGV) numbers show detached sales continued to grind lower in August. The decline in detached sales, combined with a rise in inventory, helped to push prices tens of thousands of dollars lower. Vancouver […]
Toronto Detached Real Estate Prices Shed Over $8,900 In Value
Toronto real estate’s mixed market extended to detached homes last month. Toronto Real Estate Board (TREB) numbers show detached prices fell in August. The decline in prices was accompanied by a rise in sales as well as inventory. Toronto Detached Real Estate Drops Over $8,900 The price of a typical detached home fell across Greater […]
Vancouver Real Estate Sales Drop Over 36%, Slowest Price Growth Since 2014
Vancouver real estates is finally starting to cool down, but it’s doing so incredibly fast. Real Estate Board of Greater Vancouver (REBGV) numbers show growth deceleration in August. This is the sixth consecutive month we’ve seen price growth slow. The slowing growth is largely due to sales plummeting, while inventory begins to soar. Greater Vancouver […]
Toronto Real Estate Sales Rise In The 905, Drop In The City
Toronto real estate sales are improving in the suburbs after being hit hard last year, while the city is starting to see signs of moderation.
