Real Estate

A house is displayed for sale in a new housing development in Ottawa on Tuesday, July 14, 2020. Canadian home prices increased in June to mark the largest 12-month gain on record as prices climbed in all 11 markets, says the Teranet National Bank composite price index. THE CANADIAN PRESS/Sean Kilpatrick

Canadian home prices up 16% in June for largest 12-month gain on record, says index

Halifax led with prices climbing 30.8 per cent over the past year

 

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

 

Real estate for sale signs are shown in Oakville, Ont. on Saturday, Dec.1, 2018. THE CANADIAN PRESS/Richard Buchan

CREA reports home sales down 8.4% month-over-month in June

CREA said 73,402 homes were listed in June, down 0.7 per cent from 73,912 in May

 

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
A home is displayed for sale in a new housing development in Ottawa on Tuesday, July 14, 2020. THE CANADIAN PRESS/Sean Kilpatrick

CREA says April home sales down 12.5 per cent from record high set in March

The actual national average home price was a little under $696,000 in April

A home is displayed for sale in a new housing development in Ottawa on Tuesday, July 14, 2020. THE CANADIAN PRESS/Sean Kilpatrick
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

Budget’s foreign-homebuyers tax could bring in $509 million over 4 years, PBO says

Liberals are proposing a one per cent tax on vacant homes owned by foreign non-residents

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
A real estate sign is shown in Victoria, B.C., on Friday, June 1, 2018. THE CANADIAN PRESS/Chad Hipolito

CMHC predicts COVID-19 immunity will moderate pace of home sales, prices by 2023

The agency also predicts that rental demand will rebound as immigration recovers

A real estate sign is shown in Victoria, B.C., on Friday, June 1, 2018. THE CANADIAN PRESS/Chad Hipolito
Finance Minister Chrystia Freeland holds a press conference in Ottawa on Tuesday, April 20, 2021. THE CANADIAN PRESS/Sean Kilpatrick

More supply needed to ease housing price crunch, but always more to do, Freeland says

Federal budget promised $2.4B over five years, beginning with nearly $1.8B this year, for affordable housing

Finance Minister Chrystia Freeland holds a press conference in Ottawa on Tuesday, April 20, 2021. THE CANADIAN PRESS/Sean Kilpatrick
A for sale sign is shown in by new homes in Beckwith, Ont., just outside Ottawa, on Wednesday, Jan. 11, 2018. THE CANADIAN PRESS/Sean Kilpatrick

Canadian home sales up 76% year-over-year, set new March record: CREA

On a month-over-month basis, sales in March were up 5.2 per cent compared with February

A for sale sign is shown in by new homes in Beckwith, Ont., just outside Ottawa, on Wednesday, Jan. 11, 2018. THE CANADIAN PRESS/Sean Kilpatrick
A real estate sign is pictured in Vancouver, B.C. THE CANADIAN PRESS Jonathan Hayward

1 in 3 young Canadians have given up on owning a home: poll

Data released Monday says 36% of adults younger than 40 have given up on home ownership entirely

A real estate sign is pictured in Vancouver, B.C. THE CANADIAN PRESS Jonathan Hayward
Building on the success of Black Press Media’s niche digital platforms, Today’s Home brings the same wealth of knowledge and local expertise to the search for a home, be it buying, selling, or even just daydreaming about what changes you can make in the future.
Building on the success of Black Press Media’s niche digital platforms, Today’s Home brings the same wealth of knowledge and local expertise to the search for a home, be it buying, selling, or even just daydreaming about what changes you can make in the future.
Charles Rochfort, left, and Jonathan Grenier work on a home as Quebec lifts the ban on residential construction due to the COVID-19 pandemic Monday April 20, 2020 in Deux-Montagnes, Que. THE CANADIAN PRESS/Ryan Remiorz

Annual pace of housing starts down in December: Canada Mortgage and Housing Corp

Rural starts were estimated at a seasonally adjusted annual rate of 22,373 units

Charles Rochfort, left, and Jonathan Grenier work on a home as Quebec lifts the ban on residential construction due to the COVID-19 pandemic Monday April 20, 2020 in Deux-Montagnes, Que. THE CANADIAN PRESS/Ryan Remiorz
(The Canadian Press)

1st-time homebuyers see new opportunities, challenges in pandemic economy

Canadians are willing to give a child, family member an average of $60,513 to help them buy a home

(The Canadian Press)
A real estate sold sign is shown outside a house in Vancouver, Tuesday, Jan. 3, 2017. nbsp;Real estate brokerage Royal LePage says home prices are increasing in Canada’s cottage country, as more buyers look to move there full-time. THE CANADIAN PRESS/Jonathan Hayward

Home prices rise in cottage country amid demand from remote workers, retirees

The data from Royal LePage comes amid an overall uptick in home prices this year,

A real estate sold sign is shown outside a house in Vancouver, Tuesday, Jan. 3, 2017. nbsp;Real estate brokerage Royal LePage says home prices are increasing in Canada’s cottage country, as more buyers look to move there full-time. THE CANADIAN PRESS/Jonathan Hayward
The Hockley Motel in Mono, Ont., is shown in this undated handout photo. An Ontario motel that served as a backdrop for the beloved CBC sitcom “Schitt’s Creek” is up for sale. The Hockley Motel in Mono, about an hour’s drive northwest of Toronto, was listed for $2 million today. THE CANADIAN PRESS/HO - Colliers International

Calling all eccentric millionaires: ‘Schitt’s Creek’ motel up for sale for $2 million

The listing presents the 6.7-acre riverside property as a fixer-upper that would appeal to travellers

The Hockley Motel in Mono, Ont., is shown in this undated handout photo. An Ontario motel that served as a backdrop for the beloved CBC sitcom “Schitt’s Creek” is up for sale. The Hockley Motel in Mono, about an hour’s drive northwest of Toronto, was listed for $2 million today. THE CANADIAN PRESS/HO - Colliers International
A real estate sold sign is shown in a Toronto west end neighbourhood May 17, 2020. The Canadian Real Estate Association says home sales in October edged back from their all-time record high for monthly sales they set in September. THE CANADIAN PRESS/Graeme Roy

CREA says October home sales edged back from record high set in September

The actual national average home price also set another record in October at $607,250

A real estate sold sign is shown in a Toronto west end neighbourhood May 17, 2020. The Canadian Real Estate Association says home sales in October edged back from their all-time record high for monthly sales they set in September. THE CANADIAN PRESS/Graeme Roy
A new home is displayed for sale in a new housing development in Ottawa on Tuesday, July 14, 2020. The Canadian Real Estate Association says home sales in September hit another record for the month as they continued to climb higher and prices soared.THE CANADIAN PRESS/Sean Kilpatrick

Canada records record home sales for September, up 45.6% from 2019

Actual national average home price in September was a record $604,000

A new home is displayed for sale in a new housing development in Ottawa on Tuesday, July 14, 2020. The Canadian Real Estate Association says home sales in September hit another record for the month as they continued to climb higher and prices soared.THE CANADIAN PRESS/Sean Kilpatrick
New home construction takes place in a development in Oakville, Ont., on Thursday, August 15, 2019. Canada Mortgage and Housing Corp. says that the pace of housing construction starts increased marginally overall last month compared with October, although there were declines in five provinces. THE CANADIAN PRESS/Nathan Denette

CMHC reports annual pace of housing starts in Canada fell 20 per cent in September

Economists had expected an annual rate of 240,000 starts in September

New home construction takes place in a development in Oakville, Ont., on Thursday, August 15, 2019. Canada Mortgage and Housing Corp. says that the pace of housing construction starts increased marginally overall last month compared with October, although there were declines in five provinces. THE CANADIAN PRESS/Nathan Denette
Buying and selling a home comes with a lot of questions. (THE CANADIAN PRESS/Sean Kilpatrick)

COVID-19 is reshaping what first-time homebuyers are looking for: BMO survey

Still, 40 per cent of potential first-time home owners think now is a good time to buy

Buying and selling a home comes with a lot of questions. (THE CANADIAN PRESS/Sean Kilpatrick)
A real estate sign is pictured in Vancouver, B.C., Tuesday, June, 12, 2018. The Canadian Real Estate Association says home sales in August climbed 6.2 per cent compared with July to hit an all-time monthly record with gains led by the Greater Toronto Area and B.C.’s Lower Mainland. THE CANADIAN PRESS Jonathan Hayward

CREA reports Canadian home sales climb again, set record for August

Compared with a year ago, sales in August were up 33.5 per cent

A real estate sign is pictured in Vancouver, B.C., Tuesday, June, 12, 2018. The Canadian Real Estate Association says home sales in August climbed 6.2 per cent compared with July to hit an all-time monthly record with gains led by the Greater Toronto Area and B.C.’s Lower Mainland. THE CANADIAN PRESS Jonathan Hayward