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Canadian Home Sales dip slightly in October

Statistics released today by The Canadian Real Estate Association (CREA) show national home sales declined between September and October 2018. Highlights of the CREA’s Monthly Report. National home sales fell 1.6% from September to October. Actual (not seasonally adjusted) activity was down by 3.7% from one year ago. The number of newly listed homes eased […]

Canadian Housing Market expected to moderate in 2019

Canadian Housing Market expected to moderate in 2019

CMHC Releases Fall Forecast A new report released by the Canadian Mortgage and Housing Corporation is predicting that housing starts in Canada will gradually slow down until at least 2020, to keep in line with a moderating economic outlook and demographic conditions. The CMHC says while income, employment and household formation will continue to support new […]