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The volume of Canadian home sales increased for the sixth consecutive month in August, and transactions are now running almost 17% above the six-year low reached earlier this year in February, but remain about 10% below highs reached in 2016 and 2017. According to statistics released by The Canadian…
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When the Canadian of Federal Government announced the new “Mortgage Stress Test” in October 2017 , it was expected that many homebuyers would expedite their purchases during the two-and-a-half-month window before it took effect on January 1, 2018. The response to the new policy was stronger than…
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While Canadian home sales were up 4.1% from May to June 2018, sales are still down from monthly levels over the past five years. According to statistics released by The Canadian Real Estate Association (CREA), new home listings were also down in June.
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The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity in 2018 and extended the outlook to 2019.

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