Canadian real estate sales continue to slide even lower. Canadian Real Estate Association (CREA) numbers show sales dropped once again in March. The decline in home sales across the country marks an unusually long period of negative growth. Canadian Real Estate Sales Fall To 6 Year Low Canadian real estate sales slipped once again. CREA […]
Canadian real estate price growth is still slowing, according to land registry data. The Teranet–National Bank House Price Index (TNB HPI) show prices fell for the first time in March, outside of recession. The drop represents the sixth consecutive monthly decline for Canadian real estate markets. Teranet-National Bank House Price Index (TNB HPI) Regular readers […]
Canadian real estate is cooling down even further from last year. Canadian Real Estate Association (CREA) numbers show the sales to new listings ratio (SNLR) declined further in February. The ratio, a relative measure of demand, showed more inventory and fewer sales are a broad trend. Markets taking the biggest hit are located in Greater […]
Canadian real estate markets are heading into the busy season with negative price growth. Canadian Real Estate Association (CREA) numbers show an annual decline for the price of a benchmark home in February. The decline for the benchmark is the first since 2009, and the first for the index outside of recession. Canadian Real Estate […]
Canadian real estate is off to a cool start. The Teranet–National Bank of Canada House Price Index (Teranet HPI) shows a new record was set in February. The record, wasn’t a great one though – it was for price declines. Canada’s biggest markets made the largest monthly decline outside of a recession. Teranet HPI The […]
Canadian real estate sales continue to cool. Canadian Real Estate Association (CREA) numbers show sales dropped to a multi-year low for December. Weakness was on display across the country, with only one major market seeing minor growth. Canadian Real Estate Sales Make Largest December Drop Since 2012 Canadian real estate sales printed on of worst […]
Canadian real estate prices saw weakness in the second half. The Teranet–National Bank of Canada House Price Index (Teranet HPI) shows more than half of major urban markets saw declines in December. Two of the largest, Toronto and Vancouver, were just off of all-time highs, but yet to print a correction. Meanwhile, Montreal has hit […]
After years of overheated growth, Canadian real estate price gains are tapering. Canadian Real Estate Association (CREA) numbers show prices for a benchmark (a.k.a. typical) home across Canada slowed in growth in November. Prices are beginning to stall after years of explosive growth across most of the country. Canadian Real Estate Prices Rise Less Than […]
Time for your weekly cheat sheet on this week’s most important stories. Canadian Real Estate The Canadian Real Estate Industry Lowers 2019 Sales Forecast For A Third Time The Canadian real estate industry is lowering their forecast for a third time. CREA now expects 458,200 sales in 2018, down 11.2% from the year before. The […]
Canadian real estate markets are cooling, especially in Western Canada. Canadian Real Estate Association (CREA) numbers show the SNLR fell across Canada. The indicator, used to gauge demand by the industry, increased in just 3 major real estate markets – all in Eastern Canada. Markets in Western Canada led the index lower, while Toronto chilled […]
