Signs of spring – and a soft landing – in Canadian real estate

The housing market is doing precisely what policy makers in Ottawa set out to achieve, cooling down without flaming out.

The number of homes that changed hands over the Multiple Listing Service in April was just 3 per cent lower than a year ago on an annual basis, compared with a 15-per-cent drop in March. April’s relatively small ...

By Julian Beltrame, The Canadian Press

OTTAWA - There are fresh signs of cooling in the Canadian housing market, but analysts say fears of a major crash have yet to materialize.

Canada Mortgage and Housing Corp. reported Tuesday that the pace of housing starts crept up slightly last month from February, despite a drop i ...

By Andrea Hopkins

TORONTO (Reuters) - Canadian housing starts edged higher in March and building permits were weaker than expected in February, reports released on Tuesday showed, offering some reassurance that Canada's housing sector is simply cooling, not crashing.

While housing starts rose for a second straight month, all the strength was i ...

Home prices edge up in most markets, Royal LePage says

Home prices are still rising in most markets in Canada, according to the latest market survey from realtor Royal LePage. But there are unmistakeable signs that the market is well into a cooling phase. (Reuters)

Canadian housing prices to rise “lacklustre” 2 per a year: TD

David Cooper / Toronto Star

Your home might be your biggest investment, but odds are it won't be your ...

Canadian home sales edge higher in January

OTTAWA, Feb. 15, 2013 /CNW/ - According to statistics released today by The Canadian Real Estate Association (CREA), national home sales activity edged up on a month-over-month basis in January 2013. National sales activity has held fairly steady after gearing down last August in the wake of tightened mortgage lending rules.

Highlights:

• National h ...

Toronto housing sales fall in December; 2012 ends 4% below year-earlier level

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Canadian home sales retreat in November
 Montreal, Toronto, Vancouver contribute most to small decline

 

November was the seventh consecutive month in which the year-over-year gain shrank and marked the slowest rate of increase since May 2011.

Photograph by: Richard Buchan , THE CANADIAN PRESS

Home construction cools, below forecasts in November

Canadian housing starts appear to be embarking on the cooling that economists have been expecting, with November’s figures coming in slightly below forecasts.

The monthly seasonally adjusted annual rate of starts was 196,125 units, Canada Mortgage and Housing Corp. said Monday, down from 203,487 in October. Economists on average had been ex ...