The Canadian Real Estate Association (CREA) released a report today stating that Canadian home price gains are generally expected to moderate, but there are a few hot spots where prices are being ‘fueled by some very strong housing market fundamentals’.
CREA: Canadian home sales edge higher in April
May 15, 2012 by Leave a Comment
The Canadian Real Estate Association (CREA) released their report for April 2012 today. Activity for April 2012 was up or steady in half of all local markets with Toronto and Calgary posting the biggest monthly increases.
CMHC: April 2012 Housing Starts Up
May 10, 2012 by Leave a Comment
The Canadian Mortgage and Housing Corporation (CMHC) released the April 2012 Housing Starts report this week. The numbers show that housing starts are up from March at 244,900 units,
CREA: Canadian home sales edge higher in February
March 15, 2012 by Leave a Comment
The Canadian Real Estate Association (CREA) released a report today stating that the average selling price of Canadian homes crept higher last month, rising to $372, 763 or roughly 2 per cent higher than the same period in 2011. The report also stated that the number of homes sold was…
CMHC: Canadian Housing Market to Remain Steady in 2012 & 2013
February 13, 2012 by Leave a Comment
Today saw the release of the Canadian Mortgage and Housing Corporation’s Housing Market Outlook (First Quarter 2012). Overall the CMHC is predicting that Canada with see two steady years in the housing market. The report points to low mortgage rates, increased migration, and lower unemployment rates in both 2012 and…
RBC: Canadian Resale Market to Moderate Not Crash, Home Prices Increase by 4.4% in 2011
July 21, 2011 by Leave a Comment
Late last week the Royal Bank of Canada released a report by Senior Economist Robert Hogue stating that the housing market in Canada is in a period of transition to a more moderate and sustainable pace of growth. According to Hogue “we expect resales in Canada to grow by 0.9%…