6/16/2022 | Posted in Canadian Housing Market by Sam Cuda & Nancy Cuda
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Bouts of pain in property prices could help wake market up to economic and wage realities, economist says ... More

Desjardins predicts housing downturn would address 'unhealthy' market

  6/16/2022 | Posted in Canadian Housing Market by Sam Cuda & Nancy Cuda
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In May, the number of new homes that started construction in Canada trended lower compared to the previous month, but still remained at elevated levels. ... More

Canadian housing starts trend lower in May

  6/15/2022 | Posted in Canadian Housing Market by Sam Cuda & Nancy Cuda
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down in May 2022. ... More

Canadian home sales slow again in May

  6/13/2022 | Posted in Canadian Housing Market by Sam Cuda & Nancy Cuda
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Nearly one in four homeowners say they will have to sell their home if interest rates go up further, according to a new debt survey from Manulife Bank of Canada. ... More

Nearly 1 in 4 homeowners would have to sell if interest rates rise more, survey finds

  6/8/2022 | Posted in Canadian Housing Market by Sam Cuda & Nancy Cuda
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House prices are set to continue falling across Canada as a result of the current market cooldown, with the only question being by how much, according to a well-known economist. ... More

Canada home prices - why they're falling

  6/8/2022 | Posted in Canadian Housing Market by Sam Cuda & Nancy Cuda
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Central bank's outsized rate increases having a big impact, according to RBC. ... More

RBC: May was a turning point for home sales in multiple markets

  5/25/2022 | Posted in Canadian Housing Market by Sam Cuda & Nancy Cuda
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"This is more likely to be a soft landing than a severe correction or some kind of crash or meltdown" ... More

A Canada housing crash? Don't count on it, says RBC economist

  5/19/2022 | Posted in Canadian Housing Market by Sam Cuda & Nancy Cuda
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Canada’s housing market is cooling down but it is still hotter than the long-term average and will likely stay that way for the next couple of years. ... More

Residential Market - Lingering heat in the housing market

  5/17/2022 | Posted in Canadian Housing Market by Sam Cuda & Nancy Cuda
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The average price for a house in Canada fell for the second straight month in April, posting a 12.6% decline from March. ... More

Home prices fall for the second straight month to an average of $746,146

  5/17/2022 | Posted in Canadian Housing Market by Sam Cuda & Nancy Cuda
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After two years of red-hot market activity, higher borrowing costs are causing a cool down in Canada’s feverish real estate markets during the traditionally busy spring ... More

National home sales drop over 12% in April as higher rates kick in

  5/16/2022 | Posted in Canadian Housing Market by Sam Cuda & Nancy Cuda
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The annual pace of new home construction in April surpassed analysts' expectations ... More

CMHC reveals Canadian housing starts latest

  4/26/2020 | Posted in Canadian Housing Market by Sam Cuda & Nancy Cuda
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The national market can still provide some impetus for home price growth despite declining sales, according to Royal Bank of Canada Senior Economist Robert Hogue. ... More

Home prices have some support despite sales slowdown

  4/21/2020 | Posted in Canadian Housing Market by Sam Cuda & Nancy Cuda
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Canadian home prices could fall a “relatively modest” five per cent by July as some owners are forced to sell in the face of the economic hardship brought on by ... More

Home prices could fall 5% amid pandemic

  4/16/2020 | Posted in Canadian Housing Market by Sam Cuda & Nancy Cuda
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The outlook on the Canadian housing market: RBC ... More

Pandemic Throws Housing Market off Course

  4/15/2020 | Posted in Canadian Housing Market by Sam Cuda & Nancy Cuda
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales and listings were down sharply between February and March 2020. ... More

Canadian home sales and listings down in March

  4/8/2020 | Posted in Canadian Housing Market by Sam Cuda & Nancy Cuda
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The trend in housing starts was 204,717 units in March 2020, compared to 209,109 units in February 2020, according to Canada Mortgage and Housing Corporation (CMHC). ... More

Canadian housing starts declined in March

  4/2/2020 | Posted in Canadian Housing Market by Sam Cuda & Nancy Cuda
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Real estate listings are drying up, open houses have been canceled, and buyers are staying home. ... More

Canadian Home Sales Brace for 30% Drop on Virus

  3/21/2020 | Posted in Canadian Housing Market by Sam Cuda & Nancy Cuda
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Realtors across Canada are kicking off the busy spring selling season with the unprecedented step of cancelling open houses, moves that could contribute to slower-than-forecast ... More

Canada set for muted spring home-selling season as coronavirus saps sentiment

  3/17/2020 | Posted in Canadian Housing Market by Sam Cuda & Nancy Cuda
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RBC senior economist Robert Hogue gives his latest housing market assessment ... More

Is coronavirus about to prompt a house price crash?

  3/16/2020 | Posted in Canadian Housing Market by Sam Cuda & Nancy Cuda
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were up between January and February 2020. ... More

Canadian home sales up in February

  3/9/2020 | Posted in Canadian Housing Market by Sam Cuda & Nancy Cuda
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The trend in housing starts was 208,525 units in February 2020, compared to 211,153 units in January 2020, according to Canada Mortgage and Housing Corporation (CMHC). ... More

Canadian housing starts declined in February

  3/4/2020 | Posted in Canadian Housing Market by Sam Cuda & Nancy Cuda
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Lower mortgage rates likely to offset any major drag from a global outbreak ... More

Coronavirus-driven rate cut could add kerosene to Canada's housing market

  2/21/2020 | Posted in Canadian Housing Market by Sam Cuda & Nancy Cuda
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Canada’s housing market remains moderately vulnerable, while Toronto and Hamilton are seeing overheating and price acceleration, but that overvaluation seems to remain low ... More

CMHC says housing vulnerability moderate, Toronto and Hamilton overheating

  2/19/2020 | Posted in Canadian Housing Market by Sam Cuda & Nancy Cuda
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The pace of inbound immigration to Canada – cited as the fastest among the G7 nations – is driving an unprecedented housing boom. ... More

Immigration continues to supercharge the engines of Canadian housing

  2/15/2020 | Posted in Canadian Housing Market by Sam Cuda & Nancy Cuda
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales declined between December 2019 and January 2020. ... More

Canadian home sales down in January

  2/10/2020 | Posted in Canadian Housing Market by Sam Cuda & Nancy Cuda
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The national trend in housing starts essentially held steady in January. ... More

Canadian housing starts unchanged in January

  2/5/2020 | Posted in Canadian Housing Market by Sam Cuda & Nancy Cuda
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The chief executive of the Bank of Nova Scotia says Canada’s housing market needs more supply, not a major change to the mortgage stress test. ... More

Focus on housing supply, not the mortgage stress test, says Scotiabank CEO

  1/30/2020 | Posted in Canadian Housing Market by Sam Cuda & Nancy Cuda
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Quarterly price trend report shows most major markets posted gains. ... More

Canadian home prices accelerated in 2019 says Statistics Canada

  1/15/2020 | Posted in Canadian Housing Market by Sam Cuda & Nancy Cuda
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales eased between November and December 2019. ... More

Canadian home sales inch lower in December

  1/10/2020 | Posted in Canadian Housing Market by Sam Cuda & Nancy Cuda
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There was a decline in the 6-month moving trend in Canadian housing starts in December. ... More

Canadian housing starts trended lower in December
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