home sales

A new home is displayed for sale in a new housing development in Ottawa on Tuesday, July 14, 2020. Prospective buyers have lamented the torrid pace Canada’s real estate market has moved at in recent years, but many feel 2023 may be the year their luck changes. THE CANADIAN PRESS/Sean Kilpatrick

Homebuyers hope ‘patience pays off’ as prices drop, recession predictions loom

Drop in home prices offset by high interest rates, so far

 

Homes are pictured in Vancouver, Tuesday, Apr 16, 2019. THE CANADIAN PRESS/Jonathan Hayward

Vancouver’s December home sales down 52% from year ago: B.C. real estate board

Sales were also 38 per cent below the 10-year December average

 

A real estate sign is pictured in Vancouver, B.C., Tuesday, June 12, 2018. A new report says Canada’s housing market is still firmly in correction mode, despite having slowed in recent months. THE CANADIAN PRESS Jonathan Hayward

Ontario and British Columbia headed for a buyer’s market, RBC says

High interest rates will hold back shoppers in other parts of the country

 

Homes under construction are seen in a new subdivision in the Ottawa suburb of Kanata, on Friday, July 30, 2021. First-time homebuyers in Canada are facing one of the toughest real estate markets in generations. THE CANADIAN PRESS/Justin Tang

Tips for first-time homebuyers as affordability in Canada continues to deteriorate

Home prices slowly beginning to improve, but overall affordability still down

Homes under construction are seen in a new subdivision in the Ottawa suburb of Kanata, on Friday, July 30, 2021. First-time homebuyers in Canada are facing one of the toughest real estate markets in generations. THE CANADIAN PRESS/Justin Tang
A real estate sign is pictured in Vancouver, B.C., Tuesday, June, 12, 2018. THE CANADIAN PRESS Jonathan Hayward

Vancouver home sales down 46% from last year, 13% from September: board

Composite benchmark price for Metro Vancouver sat at $1,148,900

A real estate sign is pictured in Vancouver, B.C., Tuesday, June, 12, 2018. THE CANADIAN PRESS Jonathan Hayward
A real estate sale sign is shown in a west-end Toronto neighbourhood Saturday, March 7, 2020. THE CANADIAN PRESS/Graeme Roy

CREA reports home sales in typically busy September continued to slow

September sales were down 3.9 per cent compared with August

A real estate sale sign is shown in a west-end Toronto neighbourhood Saturday, March 7, 2020. THE CANADIAN PRESS/Graeme Roy
Houses are seen on a hillside in Burnaby, B.C., on Saturday, April 17, 2021. The Real Estate Board of Greater Vancouver says September’s homes sales dropped by 46 per cent since last year and 10 per cent from August. THE CANADIAN PRESS/Darryl Dyck

Vancouver home sales down from August, way down from a year ago

Last month’s sales were almost 36 per cent below the 10-year September sales average

Houses are seen on a hillside in Burnaby, B.C., on Saturday, April 17, 2021. The Real Estate Board of Greater Vancouver says September’s homes sales dropped by 46 per cent since last year and 10 per cent from August. THE CANADIAN PRESS/Darryl Dyck
Parliamentary Budget Officer Yves Giroux waits to appear before the Senate Committee on Banking, Commerce and the Economy, Tuesday, September 27, 2022 in Ottawa. THE CANADIAN PRESS/Adrian Wyld

Average home price 67 per cent higher than affordable level in August: PBO

National average home price reached a peak of $839,600 in February 2022

Parliamentary Budget Officer Yves Giroux waits to appear before the Senate Committee on Banking, Commerce and the Economy, Tuesday, September 27, 2022 in Ottawa. THE CANADIAN PRESS/Adrian Wyld
A real estate sold sign is shown in a Toronto west end neighbourhood May 16, 2020. THE CANADIAN PRESS/Graeme Roy

June home sales down 24% from last year, 6% since May: CREA

Drops attributed to pressures tied to Bank of Canada’s continued hikes to its key interest rate.

A real estate sold sign is shown in a Toronto west end neighbourhood May 16, 2020. THE CANADIAN PRESS/Graeme Roy
Houses are seen on Squamish Nation land in North Vancouver, on Tuesday, February 22, 2022. The Canadian Real Estate Association says home sales in Canada fell in March, while prices were up 11.2 per cent compared with a year earlier. THE CANADIAN PRESS/Darryl Dyck

CREA reports home sales down in March, average price up 11.2 per cent from year ago

Drop in sales came as the number of newly listed homes fell 5.5 per cent on a month-over-month basis

Houses are seen on Squamish Nation land in North Vancouver, on Tuesday, February 22, 2022. The Canadian Real Estate Association says home sales in Canada fell in March, while prices were up 11.2 per cent compared with a year earlier. THE CANADIAN PRESS/Darryl Dyck
The first ever fully net-zero home built in northern B.C. was built in Fort St. James. The town has become something of a leader in energy-efficient homes thanks to Northern Homecraft, a Vanderhoof company. (Photo Northern Homecraft)

This northern B.C. town is leading the way in net-zero energy homes

Vanderhoof company wins awards for work they are doing in Fort St. James

The first ever fully net-zero home built in northern B.C. was built in Fort St. James. The town has become something of a leader in energy-efficient homes thanks to Northern Homecraft, a Vanderhoof company. (Photo Northern Homecraft)
These tiny houses of Topaz Heights on Alder Street in Victoria were built as a part of a post-Second World War housing boom. Such neighbourhoods might be prime for the increased density currently being discussed for the city. (Black Press Media file photo)

October sees yet another record low for property sales in Victoria

More diversity in supply desperately needed to drive market, says real estate board president

These tiny houses of Topaz Heights on Alder Street in Victoria were built as a part of a post-Second World War housing boom. Such neighbourhoods might be prime for the increased density currently being discussed for the city. (Black Press Media file photo)
New homes are built in a housing construction development in the west-end of Ottawa on Thursday, May 6, 2021. THE CANADIAN PRESS/Sean Kilpatrick

Annual pace of housing starts in Canada slowed in June: CMHC

The seasonally adjusted annual rate of housing starts fell 1.5% to 282,070 units in June compared to 286,296 in May

New homes are built in a housing construction development in the west-end of Ottawa on Thursday, May 6, 2021. THE CANADIAN PRESS/Sean Kilpatrick
Real estate prices are high and so is demand, but low inventory has seen home prices increase even more since June 2020. (Black Press Media file photo)

High demand, low inventory driving Greater Victoria real estate prices up

$1.063 million bought the typical single-family home in region’s core in June

Real estate prices are high and so is demand, but low inventory has seen home prices increase even more since June 2020. (Black Press Media file photo)
People walk past new homes for sale in Oakville, Ont., on Tuesday, April 14, 2009. THE CANADIAN PRESS/Nathan Denette

May home sales fell 7.4 per cent, but on pace for record level this year: CREA

Canadian Real Estate Association predicting 2021 will see transactions rise 23.8 per cent

People walk past new homes for sale in Oakville, Ont., on Tuesday, April 14, 2009. THE CANADIAN PRESS/Nathan Denette
Luxury kitchens at Hudson Place One have everything you need for a night of entertaining or relaxing with family -- including a wine rack cabinet and a USB port in your kitchen island! (Photo: Vincent Klassen)

Elevated views and room to grow? This is the place!

Sophisticated details and downtown convenience make the latest Hudson homes a must-see!

  • Nov 2, 2020
Luxury kitchens at Hudson Place One have everything you need for a night of entertaining or relaxing with family -- including a wine rack cabinet and a USB port in your kitchen island! (Photo: Vincent Klassen)
The Greater Victoria real estate market this summer is showing major sales increases over last year, especially in the area of single family homes. But inventory remains low, says the president of the Victoria Real Estate Board. (File photo)

Greater Victoria real estate sales numbers tell two stories for July

Real estate board president Sandi-Jo Ayers talks about pent-up spring demand, low inventory

The Greater Victoria real estate market this summer is showing major sales increases over last year, especially in the area of single family homes. But inventory remains low, says the president of the Victoria Real Estate Board. (File photo)