Greater Toronto Area home sales fell 9% from a year earlier in September as prices continued to decline, but an even sharper pullback in new listings reduced some of the inventory pressure facing sellers.The Toronto Regional Real Estate Board reported 5,040 home sales...
Canada’s national apartment vacancy rate fell 40 basis points to 4.7% in during the second quarter, breaking a streak of nine straight quarters of increases. However, a new report by Yardi Canada Ltd. also found the vacancy rate was 60 basis points above the 4.1% rate...
Canadian home sales in June edged up by 0.5% month-over-month and by 0.9% year-over-year, according to data from the Canadian Real Estate Association (CREA). This occurred as new listings fell back 1.3% on a month-over-month basis, marking a second straight decline....
A new survey has found one-third of Canadian mortgage holders expect to renew their home loans within the next 12 months, with two-thirds of those borrowers expressing anxiety about renewing at a higher interest rate. The survey, published by the nonprofit association...
Canadian real estate professionals are being challenged by a shaky economy and onerous compliance requirements, according to the newly published Ownright Operators Report. In a nationwide poll (excluding Quebec) of more than 1,000 real estate professionals, 67% of...