Canadian Housing Markets See Home Sales Declines Soften

While it may have been the sixth consecutive month-over-month decline for Canadian housing activity, August’s home sales only dipped 1% from July—the smallest decrease seen during this slowdown period. “Along with a stabilization of demand/supply conditions in many markets, [it] could be an early sign that this year’s sharp adjustment in housing markets across Canada […]

Advertisement

Read more "Canadian Housing Markets See Home Sales Declines Soften"

BoC rate hike expectations grow

The Big 6 banks have raised their expectations for Bank of Canada rate hikes, with most expecting another 125 to 150 basis points in tightening by the end of the year. RBC was the latest to revise its expectations, matching Scotiabank’s call that the Bank of Canada’s key lending rate will reach 2.50% this year. […]

Read more "BoC rate hike expectations grow"

Monthly Market Update

Click the links below to view the monthly market statistics for your area in an easy to understand infographic. Listings, sales and prices are summarized for condos, townhomes and single family homes for cities across B.C. Abbotsford Bowen Island Burnaby East Burnaby North Burnaby South Cloverdale Coquitlam Kelowna Ladner Langley Maple Ridge Mission Nanaimo New […]

Read more "Monthly Market Update"