The Canadian real estate market showed signs of a significant rebound in May, with home sales posting their first year-over-year increase since June 2021.
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Transforming the Homebuying Experience: How AI is Revolutionizing Property Search
With the help of artificial intelligence, companies in the real estate industry are employing innovative tools to enhance the homebuying experience.
Four Key Reasons Canada’s Real Estate Bubble Poses Systemic Banking Risks
Canada’s reputation for having responsible and prudent banks has led many to believe that a real estate bubble is unlikely.
Canada’s Home Prices Rebound with Year-Over-Year Gain, Marking Market Turning Point
The Canadian housing market experienced a turning point in May, as the average home price in the country rose year over year for the first time in 12 months.
Canadian Home Sales Continue to Rise in May, with Gains in 70% of Local Markets
Canadian home sales maintained their upward trajectory in May, defying elevated interest rates and reduced purchasing power.
Canadian Inflation Slows Down, but Another Rate Hike Looms
Canadian inflation has shown some positive signs recently, with the Consumer Price Index (CPI) growth rate falling below market expectations.
May Home Sales and Prices Show Positive Year-Over-Year Growth as Canadian Real Estate Market Heats Up
The Canadian real estate market displayed signs of a significant rebound in May, with home sales posting their first year-over-year increase since June 2021 and average prices experiencing a positive year-over-year gain for the first time in a year.
A Key Factor in Mortgage Decision-Making
As mortgage rates reach their highest levels in over a decade, borrowers are primarily focused on securing the best rate.
Canada’s Largest Real Estate Markets Witnessed Supply Outpacing Population Growth: A Reality Check by Stat Can
In a significant revelation, Statistics Canada (Stat Can) has revealed data showing that the housing supply in the Census Metropolitan Areas (CMAs) of Toronto and Vancouver has been expanding at a faster rate than their respective populations.
Will Increased Sellers Bring Stability to Canada’s Housing Market?
GO Back Facebook Twitter LinkedIn Email The recent influx of sellers into Canada’s housing market, as indicated by increased new listings in May, is a positive development, according to the Royal Bank of Canada (RBC). However, RBC’s assistant chief economist, Robert Hogue, believes that it might not be enough to balance the market, which is…