Canadian real estate prices are slowing in growth, but they made a wild run over the past few years. Canadian Real Estate Association (CREA) numbers show price growth made a huge deceleration into October. Price growth is now close to target inflation, but over the past 5 years they’ve increased by over 44%. Not just […]
Canadian real estate sales continue its slide lower. Canada Real Estate Association (CREA) numbers show sales fell across the country in October. The trend of higher sales in Ontario and East continued, with mixed results in the GTA. BC’s continued declines were the most significant drag on the numbers this month. Canadian Real Estate Sales […]
Canadian real estate developers facing soft domestic demand are looking to China. Juwai.com, the largest overseas property portal in Mainland China, conducted a developer survey. Over a third of Canadian developers are looking to spend more to attract Mainland Chinese capital. Who Did They Survey? Juwai surveyed “dozens” of North American real estate developers, on […]
The most influential housing organization in the country seems to be bearish on real estate prices. Canada Mortgage and Housing Corporation (CMHC), the Crown agency in charge of housing research, released its fourth quarter Housing Market Assessment. The government backed agency is seeing prices cool, but still feels the country is overpriced at the national […]
Last year’s booming real estate markets are this years fastest cooling ones. Canadian Real Estate Association (CREA) numbers show a major shift in SNLR in September. The indicator, used to determine a buyer’s or seller’s market, actually fell in all but two major markets. Sales To New Listings Ratio (SNLR) The sales to new listings […]
Canadian real estate sales made a larger than exepcted decline in September, as the market got hit with the worst September since 2012.
Canadian real estate prices are stalling, according the country’s largest land registry operator and a Big Six bank.
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 prices are seeing slowing growth, but still printed a new record. The Teranet–National Bank House Price Index (Teranet HPI) shows a major slowdown in August. Canada’s largest markets saw the slowest price growth they’ve seen since 2009. What’s The Teranet HPI? The Teranet HPI is a price index created by National Bank […]
Time for your weekly cheat sheet on the most important stories of the week. Canadian Real Estate Canadians Withdraw Another $2 Billion In Home Equity Over A Month Canadians are (still) looking to extract equity from their homes at a record pace. The balance of loans secured in June hit $286.81 billion, up $1.966 billion […]
