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Canadian Home Prices expected to rise slightly in 2019, but not everywhere

Canadian Home Prices expected to rise slightly in 2019, but not everywhere

Home prices across the country are expected to rise in 2019, but only at a moderate pace compared with recent years, according to two of Canada’s largest residential real estate brokerages, and prices in at least one Saskatchewan City are expected to decrease in 2019. Royal Lepage is predicting the national median home price will […]

Canadian Home Sales dip slightly in October

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 […]

CMHC Releases Housing Market Assessment

CMHC Releases Housing Market Assessment

The Canadian Mortgage and Housing Corporation has released its 4th Quarter Housing Market Assessment for Canada, and it shows that there is still a high degree of vulnerability in the Canadian Housing Market, but home prices are moving closer to levels supported by housing market fundamentals. In Saskatchewan, the CMHC says the biggest issue remains […]