Canadian Real Estate Archives - Mortgage Rates & Mortgage Broker News in Canada

Calgary home sales down in December but still above long-term trends: board

January 3, 2025 No Comments

Calgary home sales declined in December from the previous year’s levels but remained nearly 20% higher than long-term trends.

June home sales up 3.7% as market responds to BoC rate cut and possibly capital gains changes

July 12, 2024 No Comments

Home sales activity in June 2024 showed signs of renewed life following the Bank of Canada’s interest rate cut at the beginning of the month.

Calgary home sales fall in June but still above long-term trends: board

July 3, 2024 No Comments

The Calgary Real Estate Board says June home sales fell 12.8% from last year as 2,738 properties changed hands, driven by declines in lower-priced homes.

Home sales slid in May as buyers awaited confirmation of a Bank of Canada rate cut

June 17, 2024 1 Comment

Home sales slipped in May and listings continued to build as prospective homebuyers largely remained on the sidelines.

Home prices continue to fall under the weight of high interest rates, but affordability not improving

December 14, 2023 No Comments

Both home prices and sales continued to trend downward in November as high interest rates continue to keep many prospective buyers on the sidelines.

Homes sales and prices up again in March. Is it the start of a trend?

April 16, 2023 No Comments

Both existing home sales and average prices were up on a monthly basis in March, while housing inventory got even tighter.

January home sales at lowest level since 2009: CREA

February 16, 2023 No Comments

According to the latest data from the Canadian Real Estate Association, national home sales declined 3% month-over-month in January, their lowest level since 2009.

Photo: Renaud Philippe/Bloomberg via Getty Images

Bank of Canada unclear how higher interest rates may impact Canada’s housing market

February 9, 2023 2 Comments

The Bank of Canada’s leadership appears to be torn over whether Canada’s housing market will brush off be further impacted by the higher interest rates.

What can we expect from the housing market in 2023?

January 18, 2023 No Comments

Housing activity picked up across the country in December after plummeting for much of 2022 due to climbing interest rates.

Canadian house price forecasts turn gloomy

New Forecasts Suggest Home Price Declines Are Likely

March 24, 2022 12 Comments

A growing number of economic forecasts see Canadian house prices falling in the near term, with some suggesting declines of 20% to 30% or more.

Canadian Real Estate