Market Trends

After showing signs of life in June following the Bank of Canada’s first interest rate cut in more than four years, Canada’s housing market…

Home sales and supply levels closed out the month of July on an upswing compared to the same month last year, as the cost…

First-time buyers of new construction homes in Canada will now be able to access longer mortgage amortization periods.  As of August 1st, 2024, lenders…

For the second time in a row, Canada’s central bank has cut its overnight lending rate.  In its pre-scheduled July 2024 announcement, the Bank…

Following the first cut to the overnight lending rate in four years, homebuyers are making a slow and steady return to the market, according…

Despite a strong first quarter for sales, Canada’s spring housing market was muted in many regions across the country in Q2 of 2024. Although…

After rapid, impactful increases in interest rates since March 2022 that kept many buyers sidelined, expectations were high that demand would pick up vigorously…

June 2024 saw fewer home sales in the Greater Toronto Area (GTA) compared to the same month last year, according to the latest update…

Home sales in Metro Vancouver fell below seasonal and historical averages in June as fewer buyers entered the market and inventory grew to levels…