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6 days ago · Last month’s housing data suggest the market response may already be taking hold. While prices dropped in October, other data suggest the market seems to be tightening. The number of new listings fell 3.5% in October, partially reversing a nearly 5% surge in new inventory the previous month.
6 days ago · October 2024 was a standout month for the Canadian housing market, with home sales reaching their highest levels since April 2022. The surge in activity was widespread, reflecting strong buyer interest in major urban centers and beyond.
6 days ago · The national MLS House Price Index edged down 0.1% (m/m sa) from September to October and was 2.7% below its October 2023 level (nsa figures). The relative stability of this price index since December 2023 continued in October, despite the tightening in market conditions nationally and in most markets we track.
Oct 24, 2024 · A "sold" sign in front of a home in the York neighbourhood of Toronto on March 11, 2021. Photo by Cole Burston/Bloomberg. Leah Zlatkin, mortgage broker with Mortgage Outlet, talks with Financial Post’s Larysa Harapyn about the impact the Bank of Canada ‘s fourth and biggest interest rate cut is likely to have on the housing market and ...
- Larysa Harapyn
- 4 min
3 days ago · Canadian housing starts in October rose by 8% versus the previous month as groundbreaking increased on multi-unit and single-family detached homes, data from the national housing agency showed on ...
6 days ago · Homebuyers came out in droves in October, with existing home sales rising by 7.7% m/m (seasonally adjusted). The fourth rate cut in a row, totalling 125 basis points (bps), seemed to be enough to motivate many buyers to make their move, after tepid increases in home sales in August (1.4%) and September (1.9%). Despite large monthly increases in sales of 19.6% in Vancouver and 14.0% in Toronto ...
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Nov 15, 2023 · Canada's housing market has gone into winter hibernation early this year, the group that represents realtors said Wednesday, with new data for October showing fewer sales, fewer new listings, and ...
