Region’s housing starts jump sharply in May, up significantly from last year
Ottawa-Gatineau’s annual pace of housing starts increased sharply by 225 per cent in May compared to April, the Canada Mortgage and Housing Corp. says.
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Robert Kavcic
January home sales rise as markets tighten but prices still softening: CREA
The Canadian Real Estate Association says January home sales jumped 22 per cent compared with a year ago, the largest year-over-year gain since May 2021.
Canadian Real Estate Association cuts forecast for home sales and prices this year
The Canadian Real Estate Association is lowering its forecast for home sales and prices this year due to weakness in Ontario and B.C.
Statistics Canada reports real GDP essentially unchanged in July
Statistics Canada said Friday real GDP was essentially unchanged for the first month of the third quarter, following a 0.2 per cent decline in June.
National home sales fall 4% between July and August as market slows: CREA
The Canadian Real Estate Association says home sales slowed last month as they tumbled by roughly four per cent between July and August.
Interest rate hikes might be over but don’t expect housing market to flare up: BMO
One Bay Street economist says it’s unlikely the housing market will flare up, despite the Bank of Canada’s decision to keep its key interest rate
CREA reports home sales in typically busy September continued to slow
Compared with a year ago, home sales in September were down 32.2 per cent and about 12 per cent below the pre-pandemic 10-year average for
CREA lowers expectations for home sales and price growth for 2022
In its latest housing market outlook released Thursday, the association said it expects 532,545 properties to trade hands via Canadian MLS systems this year.
Canadian home sales fall for fifth month in a row, down 29% from last July: CREA
On a seasonally adjusted basis, the association says sales in July fell 5.3 per cent compared with June. The actual number of sales last month
Ottawa-Gatineau’s unemployment rate falls below 4% in June
That marks the lowest rate in at least two decades and comes even as the local economy’s job-creation engine stalled last month.
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