Canada must roughly double its projected homebuilding pace to restore pre-pandemic affordability by 2036. Slowing construction could leave the country nearly 2.4 million homes short and erase recent affordability improvements. Regional progress is uneven, while weakening ownership construction creates the risk of another supply crunch when demand returns. #HousingSupply #HousingMarket #Affordability #CanadaRealEstate […]
Canadian home sales and prices are projected to decline further in 2026 before beginning a gradual recovery next year. British Columbia and Ontario could record stronger rebounds, while condominium markets are expected to lag. RBC cautions that confidence and several economic risks will determine whether the recovery gains momentum. #RealEstate #HousingMarket #CanadaRealEstate #MarketOutlook […]
Housing affordability worsened for Canadian households in 2024, with mortgaged homeowners driving much of the increase. Renters remained more likely to face unaffordable housing, while recent movers paid considerably more than longer-term tenants. First-time buyers and households awaiting social and affordable housing also reported substantial financial pressure. #HousingAffordability #RentalMarket #HousingCosts #CanadaHousing […]
Canada’s housing market is beginning to show signs of recovery as resales rise and prices stabilize. Stronger momentum is expected next year, but the improvement will likely remain gradual and uneven. High condo inventories, limited investor demand and economic uncertainty could still produce another false start. #RealEstate #HousingMarket #CanadaRealEstate #MarketRecovery […]
Canada’s housing market remains caught between an extended correction and a tentative recovery. Sales and prices are expected to decline in 2026 before improving modestly next year, supported by pent-up demand. Regional progress will be uneven, and condominium markets may continue to lag as economic risks threaten further false starts. #RealEstate #HousingMarket #CanadaRealEstate #MarketRecovery […]
Canada’s housing construction is increasingly shifting toward purpose-built rentals as ownership supply weakens. Toronto’s rental starts are rising sharply, while condominium and ground-oriented development continue to decline. CMHC warns that failing to build enough ownership housing now could create another supply crunch when demand recovers. #HousingSupply #RentalMarket #HousingMarket #CanadaRealEstate […]
The Bank of Canada has kept its overnight rate unchanged at 2.25% as inflation risks increase. Higher oil prices, rising global bond yields and upcoming tariffs are adding uncertainty to the economic outlook. A future rate hike is back on the table, depending on how economic conditions and incoming data develop. #RealEstate #HousingMarket #CanadaRealEstate […]
Toronto’s housing market could see more activity this fall following a relatively quiet summer. Bidding wars are reappearing in parts of the market, while fewer listings could create greater competition. Buyers remain cautious amid economic uncertainty, and the condo segment may continue to struggle. #TorontoRealEstate #HousingMarket #GTARealEstate #CanadaRealEstate […]
Canadian home sales recorded a fourth consecutive monthly gain in July, while new listings declined again. Supply and demand continued moving toward a more balanced market across much of the country. Prices remained broadly stable, with the national MLS® Home Price Index posting its first monthly increase since November 2024. #RealEstate #HousingMarket #CanadaRealEstate […]
May brought a long‑awaited surge in Canadian home sales, with transactions up 5.5 per cent from April and Ontario driving much of the activity . Although volumes were still below last year’s pace, the Canadian Real Estate Association noted that underlying market conditions had been improving for months. Prices held steady, and a tighter sales‑to‑new‑listings ratio suggests a more balanced market . Economists warn, however, that condo values continue to slip in many Ontario cities . #RealEstate #HousingMarket #CanadaRealEstate […]
Canada’s average asking rent dipped for a second straight month, but experts say affordability remains elusive as slower wage growth and a tight housing supply keep rents high . The national average fell to about $1,829 per month, with Alberta the lone province seeing a year‑over‑year decrease while Nova Scotia and Quebec logged increases . Economists warn that mortgage rates are likely to decline only gradually, and a limited supply of affordable homes will keep rents elevated . Households still devote roughly a quarter to a third of their income to rent, underscoring ongoing affordability challenges . #RealEstate #RentalMarket #CanadaRealEstate […]
Canada’s May housing figures highlight both caution and optimism. National home sales were down 5.1 per cent from a year earlier but climbed month over month, the first meaningful increase this year . Average sale prices topped $700,000 for the first time in almost two years, and economists see signs that demand may continue to build . While regional markets like Edmonton remain steady and analysts remain cautious due to inflation and global uncertainties, the overall trend points to a gradual recovery and stabilising prices . #RealEstate #HousingMarket #CanadaRealEstate […]
Ontario’s housing market is gradually becoming more accessible. MPAC data show that homes under $500,000 now account for nearly one-quarter of all Ontario real estate, up from 17% in 2022, although this share remains well below levels seen a decade ago. While condominium affordability has improved significantly, most townhouses and detached homes still exceed the $500,000 mark. Falling median prices in cities like Kitchener, Waterloo and Hamilton are expanding options for buyers who were previously priced out of the Toronto area. #RealEstate #HousingMarket #CanadaRealEstate […]
Despite improved housing affordability in 61 Canadian cities, many buyers remain cautious. The biggest gains were in expensive regions like West Vancouver and Richmond, but incomes still struggle to keep pace with prices. A new survey shows that roughly half of Canadians would consider relocating to more affordable locales, with Edmonton, Sherbrooke and Charlottetown topping the wish lists . Lethbridge, Red Deer and Edmonton stand out as the most affordable markets, thanks to balanced growth and strong local economies . #RealEstate #HousingMarket #CanadaRealEstate […]
A Canadian’s attempt to secure a dream condo in Mexico ended in frustration when the pre-construction unit he paid for was never built. With more than 100,000 Canadians owning Mexican property, this case shines a light on the risks of buying overseas. The report urges prospective buyers to research developers, get legal advice, and confirm that projects are legitimate before making deposits. This cautionary tale emphasizes the importance of diligence when purchasing international real estate. #RealEstate #HousingMarket #CanadaRealEstate […]
Canadian multifamily rental markets have seen a short‑term pause due to slower immigration and a wave of unsold condos, but experts argue the outlook remains bright. Structural factors, population growth, housing shortages and affordability challenges, continue to favour rental housing, with home‑ownership costs consuming more than half of household income. Demographic shifts toward long‑term renting and the essential nature of housing keep occupancy and cash flows resilient. Investors who ignore the noise and focus on these long‑term fundamentals may find multifamily real estate an attractive, income‑producing asset class. […]
A REMAX Canada report finds that nearly half of prospective buyers, and especially millennials, view cottages as a practical first step into the housing market . With traditional home prices out of reach and some vacation spots now more affordable, young Canadians are looking to recreational properties for long‑term value . Yet return‑to‑office mandates, maintenance expenses and higher insurance costs may temper the appeal . Could a cottage be your stepping‑stone to homeownership? #RealEstate #HousingMarket #CanadaRealEstate […]
CREA has lowered its 2026 housing forecast following a slower start to the year and ongoing economic uncertainty. Higher mortgage rates and inflation pressures are expected to limit buyer activity during key spring months. Home sales are still projected to increase slightly, though at a slower pace than previously expected. Market stabilization may take longer as buyers wait for improved affordability. #RealEstate #HousingMarket #CanadaRealEstate […]
Canada’s housing market is expected to recover gradually as affordability challenges and economic uncertainty continue to influence buyer activity. Sales are projected to remain below long-term averages while rental markets move toward more balanced conditions. Construction activity is expected to slow, particularly in the condominium sector. Regional differences will continue shaping market performance across the country. #RealEstate #HousingMarket #CanadaRealEstate […]
Canada’s REIT sector is shrinking as more real estate companies move toward privatization and consolidation. The shift may reduce public investment options but could create new opportunities for remaining investors. Changes in financing conditions and market structure are reshaping how capital flows into real estate. The evolving landscape may influence long-term investment strategies in the sector. #RealEstate #CanadaRealEstate #REIT #InvestmentTrends […]
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