Canadian Real Estate Prices To Fall Even Further: Oxford Economics
Oxford Economics expects Canadian home prices to fall further as rising mortgage rates, weak hiring, and stretched valuations weigh on demand.
Oxford Economics expects Canadian home prices to fall further as rising mortgage rates, weak hiring, and stretched valuations weigh on demand.
Canadian real estate’s recovery hit pause last month—and maybe even rewound a bit. Canadian Real Estate Association (CREA) data shows that home prices slipped in August. Weak sales, sticky inventory, and economic uncertainty have led to the weakest demand balance in nearly 30 years. Canadian Real Estate Prices Fall For A Third Month The price […]
The real estate industry is lowering expectations as dreams of a recovery fade fast. This month, both the Canadian Real Estate Association (CREA) and the CMHC revised their 2026 forecasts for existing-home sales and prices. Last year’s optimism over a market rebound is now meeting reality, with each organization having cut its 2026 forecasts a […]
After more than 3 years of moving sideways, Canadian home prices picked a direction—down. Canadian Real Estate Association (CREA) data shows sales fell in January, with the trade industry attributing it to winter storms. Sellers didn’t seem to mind the storms either, continuing to brave the conditions to hold open houses, like the gosh darn […]
Canadian home price growth continues to accelerate despite further demand erosion. Canadian Real Estate Association (CREA) data shows home prices jumped in February. The increase was accompanied by sales making the sharpest drop in years—easing inventory pressures even further. That’s not how this traditionally works. Canadian Real Estate Prices Made Sizable Gains Last Month The […]
Canadian real estate prices are still rising, but showing some signs of moderation. That was RBC senior economist Robert Hogue’s take on April home sales. While he sees big price growth to continue near-term, he’s also seeing a fast-changing market. Many of the factors that heated up the market, are beginning to ease just as […]