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Prices to keep soaring in Canada’s undersupplied housing market: Scotiabank
The February data is just another entry in a now eight-month streak of record-breaking sales activity and head-spinning price gains.
Prices to keep soaring in Canada’s undersupplied housing market: Scotiabank
Despite the lockdown measures in place in many regions across the country, Omran wrote in a recent research note that the “stronger-than-expected trend” in the Canadian housing market carried over from 2020 and into 2021.
Canadians believe in housing more than the economy: RBC
More than half (56 per cent) said they want to buy a home with their spouse or partner and 51 per cent prefer a detached house, which is well ahead of second place condos at 18 per cent.
Housing market will continue to defy gravity: Central 1
In a December 15 release, Royal LePage said the average price of a home in Canada will increase 5.5% year over year to $746,100 in 2021.
Housing market will continue to defy gravity: Central 1
Vancouver-based Central 1 Credit Union is among those forecasting that the “exceptionally strong” 2020 housing market in B.C. will continue to surge, with average prices rising 5.6% in 2021 and a further 4% in 2022.
The Best Real Estate Advice of 2020: How the Pandemic Transformed Housing This Year
It’s truly been a year like no other.
The Best Real Estate Advice of 2020: How the Pandemic Transformed Housing This Year
Whether you were a first-time home buyer house hunting during the pandemic or a seller wondering how to get the best price for your property, we brought expert-approved insights to you all year long.
Albertans account for 18 per cent of all mortgage deferrals in Canada, causing concern for Calgary, Edmonton housing market
Like other Canadian markets, sales activity has been stronger for single-detached
In an interview, CMHC deputy chief economist Aled ab Iorwerth said the high house prices in Toronto and Vancouver get a lot of attention, but “all of the Canadians markets need to be looked at very carefully, and separately, to understand the dynamics in each market.
CMHC reports annual pace of housing starts in Canada picked up in August
The six-month moving average of the monthly seasonally adjusted annual rates of housing starts rose to 213,144 in August, up from 204,597 in July.
CMHC reports annual pace of housing starts in Canada picked up in August
The increase came as the annual pace of urban starts increased 7.1 per cent in August to 248,154. The pace of urban starts of apartments, condos and other types of multiple-unit housing projects climbed 9.1 per cent to 201,214 units, while single-detached urban starts fell 1.0 per cent to 46,940.
Edmonton housing market in 2020 a ‘pleasant surprise’ for buyers and sellers, says monthly report
Jennifer Lucas, chairwoman of the Realtors Association of Edmonton, said she’s still cautiously optimistic the market is rebounding.
Edmonton housing market in 2020 a ‘pleasant surprise’ for buyers and sellers, says monthly report
Overall residential sales increased by 20.11 per cent from August 2019, while single-family homes jumped up 22.98 per cent, according to the latest Realtors Association of Edmonton report. Condo sales did see a slight decline of 0.97 per cent.
It’s a Goldilocks housing market, from red hot to ice cold
Homes listed in these communities typically sold within 10 to 15 days last month.
It’s a Goldilocks housing market, from red hot to ice cold
According to findings of a new housing data aggregation website, homes in some neighbourhoods are being snapped up in less than two weeks while homes listed in other communities are taking an average of about six months to sell.
CMHC reports annual pace of housing starts in Canada increased in June
The federal housing agency says the seasonally adjusted annual rate of housing starts came in at 211,681 units in June, up from 195,453 in May.
CMHC reports annual pace of housing starts in Canada increased in June
The result came as urban starts of apartments, condos and other types of multiple-unit housing projects rose 13.0 per cent to 154,602 units in June, while urban starts of single-detached homes fell 4.5 per cent to 42,073.
