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Home For Sale Real Estate Sign in Front of Beautiful New House.

Tight supply is driving the increase in housing costs

Miniature house on white background

Prices continued to climb last month

Miniature house on white background

Prices continue to rise in both cities as demand outstrips supply

House bubble

Canada's political parties want to address the current cost of living crisis

Home For Sale Real Estate Sign in Front of Beautiful New House.

Combination of fewer listings and easing sales activity slows price increases

Miniature house on white background

The pace of starts for multiple-unit housing projects rose, however

Home For Sale Real Estate Sign in Front of Beautiful New House.

The frenzied pace of sales is starting to ease across the country

Family plays

Sales in Montreal were down 14% from May, while sales in Quebec City were down almost 18%

Scenic view at Toronto city waterfront skyline at sunset

Despite the slowdown, TRREB has upgraded its annual forecast

New home

Home sales were down 11.9% from the previous quarter