Housing market

Market Insights

Average rent in March sees first monthly increase since November: report

Further upward pressure on rents is expected in the coming months

By Tara Deschamps, The Canadian Press |April 13, 2023

2 min read

Economic Indicators

Population growth outstripping housing supply: report

Affordability may become an even bigger issue as housing starts lag immigration numbers

By Staff |April 11, 2023

1 min read

Economic Indicators

January home sales in Canada hit lowest level since 2009

Compared to a year ago, sales were down 37%

By Tara Deschamps, The Canadian Press |February 15, 2023

3 min read

Economic Indicators

Canada’s housing market to see listings fall in Q1 before rebounding: TD

Average home price is expected to gain 3.5% from 2023 to 2024

By The Canadian Press |February 9, 2023

1 min read

Economic Indicators

Credit card debt hits record high

Mortgage debt growth remains sluggish alongside weaker housing markets, finds StatsCan

By James Langton |January 19, 2023

1 min read

Industry

December home sales in Toronto down 48% from last year

In this economic cycle, national home prices could fall 25% from their peak, BMO says

By Tara Deschamps, The Canadian Press |January 5, 2023

3 min read

Industry

Canadian Real Estate Association reports home sales down in November

Sales and prices have fallen this year as rising interest rates increased borrowing costs

By The Canadian Press |December 15, 2022

2 min read

Economic Indicators

Canada’s housing market is correcting, not crashing

Fundamentals remain strong, CIBC's deputy chief economist says

By Maddie Johnson |November 23, 2022

2 min read

Economic Indicators

‘Tumbleweeds’ in Canadian housing market as prices drop

The national average home price in October was down almost 10% from a year ago

By Tara Deschamps, The Canadian Press |November 15, 2022

3 min read

Economic Indicators

Declining wealth to torpedo spending, growth: RBC

Household wealth expected to drop by $1.6 trillion from pandemic heights

By James Langton |October 26, 2022

2 min read

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