CP24 | Real Estate News

The Canadian Real Estate Association says September home sales edged up on a month-over-month basis for the first time since March.

Canada Mortgage and Housing Corp. says the country's housing sector moved from a moderate to high degree of vulnerability during the second quarter, with Toronto, Ottawa and Montreal among the markets shouldering the most risks.

The Canadian Real Estate Association says home sales cooled for their fourth consecutive month in July as new supply fell in about three quarters of all markets across the country.

Nearly one-third of would be home buyers have given up on ever owning property amid a steady rise in housing prices during the COVID-19 pandemic, a new survey commissioned by the Ontario Real Estate Association has found.

Canada Mortgage and Housing Corp. is easing its underwriting criteria for mortgage loan insurance after changes it made last year were not effective and caused it to lose market share.

The frenzied pace of home sales that appeared at the start of the year is continuing to slow as new figures from the Toronto Real Estate Board show 13 per cent fewer homes in the region changed hands between April and May. 1

A new trend in the Toronto real estate market, in which realtors are listing residential homes in the Greater Toronto Area for only a dollar, has left some buyers with questions

Canadians looking to buy homes will face stiffer mortgage tests in a few days as the federal government and a national regulator tighten rules in the wake of new warnings from the central bank that households are piling on too much debt.