Canadian Housing Market Report Dec. 20th, 2024 - WOWA
Ontario's housing market saw its average home price decrease to $868,067, a 1.2% decrease from the previous month but still up 4.7% year-over-year. The average home sold price in the GTA was $1,106,050 in November 2024, representing an increase of 2.2% year-over-year and down by 2.6% month-over-month.
Will it be easier or harder for Canadians to buy a home in 2025?
Jan 1, 2025 · Economists and real estate agents believe Canada's housing market activity is poised to be strong amid much lower borrowing costs and more favourable rules for buyers, despite an overall...
Canada Housing Market | 2025 Home Prices - nesto.ca
Dec 19, 2024 · Lower interest rates and improving buyer confidence supported the Canadian housing market’s renewed momentum in November 2023. Major markets such as Toronto, Vancouver, Montreal, and Calgary led this growth, while constrained inventory in many regions continued to keep demand ahead of supply.
How high will home prices get in 2025? Depends where you live
Jan 15, 2025 · Some Canadian real estate watchers are expecting borrowing costs to hit their floor at the same time sellers flood the spring market with listings, unleashing a flood of activity in many housing ...
2024 Housing Market Outlook | CMHC - Canada Mortgage and Housing …
Apr 4, 2024 · Explore the latest trends in Canada’s housing market, covering new homes, resales and rentals. Gain insights on affordability, supply and other key issues in Canada’s census metropolitan areas. Dive into forecasts for major markets and localized insights to make informed housing decisions.
Housing Market Reports | CMHC - Canada Mortgage and Housing …
Find the latest trends, forecasts and analysis on the housing market. Access reports covering the Canadian mortgage market and consumer behaviours. Explore detailed rental market insights from major Canadian cities. Our library specializes in housing literature, publications, statistics and more for your research needs.
January 15 2025 News Release | CREA Statistics
Jan 15, 2025 · The long-term average for the national sales-to-new listings ratio is 55%, with readings between 45% and 65% generally consistent with balanced housing market conditions. There were 128,000 properties listed for sale on all Canadian MLS® Systems at the end of 2024, up 7.8% from a year earlier but still below the long-term average of around ...
Housing market data - Canada Mortgage and Housing …
Jun 25, 2023 · Get a snapshot of the Canadian housing market with current housing statistics and analysis for housing markets across Canada. Get statistics for your housing research on new home sales and construction in Canada, provinces, territories and cities.
Regional gain in new housing construction in 2024 amid declines …
Jan 16, 2025 · Canada's housing market saw a modest increase in the number of housing starts, or new home construction, in 2024. Canada Mortgage and Housing Corporation (CMHC) says housing starts totalled ...
Canadian housing market poised for 2025 comeback - BNN …
Dec 30, 2024 · Now heading into 2025, economists and real estate agents believe activity is poised to remain strong amid much lower borrowing costs and more favourable rules for buyers, despite an overall challenging affordability picture.