By Housing Market Group | 22 Dec 2024 In the competitive world of real estate marketing, choosing the right platform to reach potential clients is crucial. While Facebook has long been a go-to platform for real estate professionals, specialized solutions like Housing Market Ads are emerging as ...
Housing starts in Canada increased by 7.8% month-over-month to 240,761 units in October 2024, the highest level in three months, though still below market expectations of 242,500 units, according to the Canada Mortgage and Housing Corporation. The seasonally adjusted annual rate (SAAR) of tota...
Other statistics on the topicHousing market in Canada + Mortgages & Financing Average monthly mortgage payment in Canada 2022-2023, by metropolitan area + Residential Real Estate House price to income ratio index in Canada 2012-2024, per quarter + Residential Real Estate Average resale house prices...
One Canadian Housing Market is Not Slowing Down The average price of a house in the Northwest Territories (NWT) comfortably crossed half a million dollars in September, 2023, a 40% jump from $385,500 a year earlier. However a house in NWT still costs below the country-wide average of ...
Robert Hogue is responsible for providing analysis and forecasts on the Canadian housing market and provincial economies. Robert holds a Master’s degree in economics from Queen’s University and a Bachelor’s degree from Université de Montréal. He joined RBC in 2008. ...
Toronto, Canada. Read more on the Toronto Housing Market, Toronto Condo Market, Toronto new construction reports and on the fears of a housing market crash in the GTA. Toronto is becoming a major tech hub, fueling a high demand for housing. The 5 year a
Many Canadians have been priced out of the housing market since interest rates started rising two years ago. At the same time, a huge influx of immigrants has pushed Canada's population to record levels, further boosting housing demand and prices. ...
said Tuesday that housing starts in August across the country totaled 217,405 units on a seasonally-adjusted, annualized basis, or a 22% drop from the prior month. Market expectations were for housing starts to hit 245,000, according to economists at Bank of Nova Scotia. The trend measure-...
“They’ve slowed down the housing market — it’s gone down — but I don’t think they can stop it from going back up,” said Shawn Stillman, a Toronto-based mortgage broker. “You have more people coming to Canada and they need a place to live. The Bank of Canada has only so ...
The 2024 federal budget proposes to extend the amortization period for insured mortgages for newly built homes to 30 years The limited scope of the proposal is meant to improve home affordability without artificially stimulating the housing market ...