Canada is on Track to have a Strong Fall Housing Market

Restraining with seasonal patterns, Canada is on track to have a strong fall real estate market, with activity poised to remain steady and typical sale prices set to increase even more by the end of 2021. High real estate costs, driven by low supply and high demand, have created difficult conditions for lots of homebuyers […]

Canadian New Home Prices Increased in August

Canadian new house prices increased in August 2021

OTTAWA– The August increase in Canadian new house prices continues the upward trend that started in the spring 2020. Statistics Canada reported Tuesday that August saw a 0.7% increase in new house prices in Canada. New house prices rose 12.2% compared to a year earlier. According to the Canadian Real Estate Association, existing home sales […]