Browsing: Real eState

CMHC data show housing starts rose in five of Canada’s six biggest markets in August even as resales fell in all six, CREA and board data show.

Toronto’s average home price fell below $1 million again in August even as Winnipeg posted its highest year-to-date prices on record, board data show.

CMHC data show Toronto condo starts collapsing as builders pivot to purpose-built rental, even as CREA reports a fourth flat month for resale sales.

National rents fell 4.8% in August, a 23rd straight decline, but StatCan data shows Thunder Bay, Sherbrooke, Halifax and Saskatoon rents rising over 5%.

Montreal’s new assessment roll raised values 12.2 per cent on average, but industrial boroughs far outpaced affluent Mount Royal’s 2.4 per cent rise.

A 50-market Century 21 survey finds Vancouver and Ottawa prices per square foot falling double digits while Regina, Winnipeg and Saskatoon rise.

CREA says a Bank of Canada rate hike is now priced in for 2026. Its August data shows a housing market that has not meaningfully moved since May.

Calgary’s benchmark home price fell just one per cent in August. Inside the city, the spread between property types and districts runs past 10 points.

CMHC projected Toronto mortgage arrears would climb to 0.34 per cent by late 2026 on the assumption the policy rate would fall. It has not, and fixed rates just rose.

Alto bought its first parcel for Canada’s high-speed rail line but will not say where. New expropriation rules mean owners no longer get a public hearing.