Not surprisingly, buyers were out in full force at the end of 2017 with the incoming mortgage rules set for 2018. December also saw an increase in sellers as new listings rose solidly by 3.3% from November and 12.6% from a year ago.
For the full report click here...
With the diverse economics across Canada, this report is a great illustration that "Canada's housing market" doesn't exist. Every region's fundamentals must be considered and analyzed separately.
For the full report click HERE.
The commentary this month is largely affected by the upcoming mortgage rule changes. Buyers and sellers alike were active - resales rose by 3.9% in Canada between October and November. This was the strongest monthly advance since February. New listings rose by 3.5% in Canada between October and...
RBC Economics' report on the National Housing Strategy: what it is, what it is not and how they see it affecting the housing market in Canada.
http://www.rbc.com/economics/economic-reports/pdf/canadian-housing/NHS_Nov2017.pdf
RBC Economics Research released it's monthly housing market update and according to them it was all about continuity in Canada. While this gives more of an over-arching update, specific regions in each province (and in some cases it comes down to neighbourhood) may perform differently so as...
RBC Economics Research has released their monthly housing market update.
Highlights of the report:
· Today’s statistics provided more evidence that Canada’s housing market isn’t falling apart.
· Home resales rose modestly for the second-straight month in September, led by gains in Vancouver...
RBC Economics Research provides their update, province by province, of the Canadian housing market forecast for 2018.
http://www.rbc.com/economics/economic-reports/pdf/canadian-housing/housingforecastOct2017.pdf
See what is trending in the Vancouver and Toronto housing market from RBC Senior Economist Robert Hogue.
http://www.rbc.com/economics/economic-reports/pdf/canadian-housing/TREB_REBGV_results_sep2017.pdf
See what is trending for the Toronto housing market from RBC`s Senior Economist Robert Hogue
http://www.rbc.com/economics/economic-reports/pdf/canadian-housing/TREB_REBGV_results_sep2017.pdf
RBC released their monthly housing market update entitled
"Home resale activity finds its footing in August; price pressures continue to ease".
Highlights of the report:
· Canada’s housing market isn’t becoming unhinged. Data for August, in fact, provided hints that the ongoing correction may...
With numbers for August now available, RBC's Senior Economist reports on Toronto's housing market, how it's shaping up since the beginning of the year and what they're seeing ahead.
http://www.rbc.com/economics/economic-reports/pdf/canadian-housing/TREB_REBGV_results_august2017.pdf
RBC Economics provide a housing health check on Canada's four largest housing markets: Calgary, Montreal, Toronto and Vancouver and how it impacts Canada's housing market overall. For you graph-lovers, you will not be disappointed!
Click here for the full article.