According to Desjardins, the average home price in Canada will drop from its peak in February of this year by about 25% by the end of 2023. Desjardins revised its …
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Canada
CanadaMarket Report
Greater Toronto-area home sales are down 47% from last July
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The Greater Toronto Area’s housing market moderated last month, as the region’s real estate board discovered that July sales were down 47% from the same month a year ago and …
CanadaMarket Report
The decline in Canadian real estate prices cause buyers’ regret
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After the whirlwind of bidding wars have calmed down, some property buyers regret their outrageous spring offers now that prices have fallen. The Royal Bank of Canada analyst, Claire Fan, …
CanadaMarket ReportNorth AmericaReal Estate
Some Canadian homes selling at a $200,000 discount
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Homes are starting to sell at a discount, a pattern that was unfathomable only a few months ago in the once-hot Canadian real estate market. A five-bedroom luxury home in …
CanadaMarket ReportNorth AmericaReal Estate
Manulife Bank survey finds that higher rates hurt Canadian homeowners
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According to a poll by Manulife Bank, the Bank of Canada’s steep path to higher interest rates is putting some homeowners on the edge when it comes to paying their …
CanadaMarket ReportNorth America
Average Brampton real estate prices drop four months in a row
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In May, the average sale price for all dwelling types in Brampton dropped again, falling by more than $200,000 since its record high in January. For all home types combined in …