Real Estate News

1) Bank of Canada reduces policy rate by 25 basis points to 4¼% 2) Alberta sets record for new housing starts: ‘Not just a blip’ 3) Calgary housing market sees shifts 4) As interest rates trend down, could housing get more affordable? 5) TRREB: GTA Housing Market Becoming More Affordable

1) Ottawa releases land in Calgary, Edmonton for new housing 2) "Buyers are firmly in the driver's seat": It's a good time to buy a cottage in Canada, experts say 3) Young Canadians see homeownership as key to their futures despite affordability challenges: Royal LePage 4) Canadian Real Estate Inventory Grew More Than 2x The Rate of Sales 5) Income needed to buy a Calgary home down slightly in tight seller’s market: analyst

1) Calgary among best condo markets for investors in Canada 2) Muskoka Waterfront Prices Slide, Listings Surge Amid “Entrenched Buyers’ Market” 3) Housing Affordability Has Improved In 80% Of Major Markets. So Why Doesn’t It Feel Like It? 4) How much income do I need to qualify for a mortgage in Canada? 5) Summer pulse check & fall outlook: What’s happening in Canadian real estate markets

1) Canadian home prices will experience 'sizable pullbacks' in cities you might not expect 2) Canada’s housing markets look for deeper rate cuts to ramp up activity 3) Over 80 percent of Toronto-area homes are selling below the asking price 4) An Alberta city has seen a 20% jump in home prices since last year 5) Love and marriage (and mortgages): Why couples have the edge in Canada’s housing market

1) Calgary is Canada’s top luxury market for sales growth so far in 2024 2) Calgary’s real estate market stabilizes in July as listings jump 11% 3) Toronto area home prices drop in July as real estate listings pile up 4) Toronto condo market stalls as sellers, buyers face off 5) Is it better to buy or rent? An expert shares her insights

1) Liberal plan for 30-year mortgage amortizations kicks in. Here’s who qualifies 2) Supply levels improve, taking some pressure off prices 3) Ontario homes keep selling at © notable losses but experts say market should rebound soon 4) Greater Toronto condo rents see first annual drop since 2021 5) Toronto’s condo market is facing its biggest test since the 1990s recession

1) Bank of Canada reduces policy rate by 25 basis points to 4½% 2) Falling home sales not enough to stop prices from rising outside Calgary 3) Calgary sees rising supply and prices, seller’s market persists: Q2 2024 CREB report 4) Toronto condo sales were down nearly 20 percent in second quarter as inventory levels continued to rise: TRREB 5) How will the Bank of Canada rate cut impact the real estate market?

1) Canadian Real Estate Weakens As People Flee Toronto & Vancouver: BMO 2) Fewer home sales and lower average housing prices in Canada compared to last year 3) How The City Of Calgary's New $60M Housing Capital Initiative Will Work 4) The Most Splendid Housing Bubbles in Canada, June: A Rate Cut, and? 5) Home prices in Calgary among the fastest growing in Canada

1) Calgary's housing market is red-hot as demand outpaces supply 2) Calgary sees 13% drop in sales amid supply challenges, rising prices and bidding wars: CREB, Wahi 3) Canadian Real Estate Has Young Adults & Immigrants Considering A Move 4) Experts say Toronto home prices are about to spike again despite lack of sales 5) Toronto realtor says more interest rate cuts, job security are crucial in getting homebuyers off the sidelines

1) Giddy up: Calgary is hottest real estate market in Canada 2) Calgary home sales slip in June but still above long-term trends 3) GTA home sales down 16% in June despite interest rate cut: TRREB 4) Trying to sell or buy a home this summer? 5) In Toronto, you can get half a house for half a million dollars

1) Trying to time the housing market after the rate cut? 2) Calgary’s commercial real estate market driven by multi-family demand 3) Inside Toronto’s slumping condo market 4) More listings, more new apartments provide supply relief 5) Provincial Housing Market Outlook

1) Bank of Canada rate cut seen revitalizing housing market after 'sleepy' May 2) Report shows Albertans' interest in real estate as rent costs climb 3) Calgary home prices rose by over $6K last month 4) Newcomers are among the most prepared for buying a first home 5) Canadian Housing Market Outlook 2024