Canadian Real Estate Association

May home sales down 22% since last year, 9% from April: CREA

Residential

Economists attribute much of the cooling to rising interest and mortgage rates.

Interest in mortgages from alternative lenders up as rates rise: Brokers

Residential

Canadian homebuyers are increasingly considering credit unions and private lenders to secure mortgages as rates rise, brokers say.

Worry, buyer’s remorse high as real estate market slowdown materializes

Residential

Realtors and lawyers say they have noticed buyers looking at what options they have to get out of a purchase because conditions have shifted dramatically

CREA reports home sales down in April as mortgage rates rise

Residential

The association found the number of homes sold dropped by 25.7 per cent to 54,894 last month from 73,907 in April 2021, when the country

Royal LePage boosts Ottawa home price forecast as supply crunch persists

Residential

Firm is now predicting the aggregate price of a home in Ottawa will jump 13 per cent in the fourth quarter of 2022 compared with

Average Ottawa home price up 16% from February 2021 to more than $730K, industry group says

Residential

The average price in the nation’s capital last month was $730,300, according to the Canadian Real Estate Association, up from $630,000 in February 2021.

Housing starts dip slightly in January, CMHC says

Residential

Developers launched 640 new builds last month, agency says, down three per cent from the 661 starts recorded in January 2021.

Canadian home sales set new record in 2021, topping previous high by 20%: CREA

Residential

Canadian Real Estate Association said Monday that about 667,000 residential properties changed hands in 2021, about 30 per cent more than the 10-year average.