Canada was told that more supply would fix its housing crisis. Now that it’s here, it clearly wasn’t buyers clamouring for that supply—not at these prices, anyway. Canadian Real Estate Association (CREA) data shows prices climbed slightly in April. However, the mild increase wasn’t due to rising sales or tightening inventory. Instead, the move looks […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Real Estate Industry Cuts Forecast, Prices To Stagnate 2 More Years Canada’s real estate industry is tempering its expectations after a weak Q1. CREA sees 2026 home sales just 1% higher than 2025, slashing its 5.1% growth forecast from January. Falling […]
Policymakers broke Canada’s real estate market, and now it faces 7 years of bad luck. The Canadian Real Estate Association (CREA) slashed growth expectations for sales and prices, forecasting a 7th year of stagnating prices. They warn the first quarter was weaker than previously anticipated, as factors that drove growth before are over. Even with […]
Home prices typically fall to stimulate demand, but that’s not the case in Canada, apparently. Canadian Real Estate Association (CREA) data shows the price of a typical home climbed in March. Despite this upward tick, it was the weakest sales for the month since 2009. A real head scratcher, considering inventory remains historically robust. Canadian […]
Canadian real estate finally saw some positive news—sort of. Data from the Canadian Real Estate Association (CREA) shows home prices climbed in February, marking the first positive move in over half a year. The odds of that climb being noise are even higher than usual, as sales continue to fall and the market reported the […]
National data won’t be available until later this month, but early data suggests it won’t be flattering. Looking at major markets, RBC economists saw further demand erosion in January. The bank warns that demand is eroding faster than supply, with few exceptions, resulting in further downward pressure on home prices in the near term. Canadian […]
Canadian real estate is in for a long winter if last month was a preview of things to come. Canadian Real Estate Association (CREA) data shows home prices fell further in November, after a small drop in new listings was met with a much bigger drop in sales. Prices haven’t just rolled back to the […]
Canadian real estate sellers all had the same brilliant idea last month: list before inventory surges. Canadian Real Estate Association (CREA) data shows September sales hit a multi-year high, but the volume remained tepid—especially in contrast to the record flood of new listings. Market balance is now the weakest since the ’90s real estate crash, […]
This land is your land, this land is…wait, did anyone actually check the title? Canadian real estate got more bad news this month—the BC Supreme Court has ruled Cowichan Tribes still hold title to 1,846 acres of prime Richmond land in Greater Vancouver. The longest trial in Canadian history only targeted government-held lands, but may […]
Canadian real estate prices have been resilient in recent years, but a fundamental indicator is flashing warning signs. Canadian Real Estate Association (CREA) data shows the sales-to-new listings ratio (SNLR) fell in June, indicating the weakest demand balance for the month since 1995. The indicator hasn’t eroded from peak to trough this quickly since the […]
