Tag: Canadian housing market
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Half-Built Toronto Home For Sale For $1M

January 30 2026 A half-finished detached home in Scarborough is back on the market – and still priced above the $1 million mark, despite sitting incomplete for nearly two years. The property at 6 Cotton Avenue originally sold in 2020 as a standard three-bedroom bungalow, during the height of Toronto’s pandemic housing surge. The new…
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Canada’s Housing Correction May Be Entering a Second Phase, New Data Suggests

Canada’s housing market ended 2025 on weaker footing than the year before, raising concerns that the correction is not finished. New data from the Canadian Real Estate Association (CREA) shows home prices fell sharply in December, alongside declining sales and one of the strongest late-year surges in listings on record. Rather than signaling stabilization, the…
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99% of Calgary Neighbourhoods Are Selling Below Asking (What It Means for Buyers)

Calgary’s housing market has shifted over the past year, and new data suggests most neighbourhoods are no longer seeing the over-asking frenzy buyers got used to. According to a recent analysis from Wahi, 99% of Calgary neighbourhoods with five or more sales in Q3 2025 saw homes sell below list price, a clear sign that…
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Greater Toronto Area Home Sales Drop 15.8 Percent in November as Buyers Stay on the Sidelines

The Greater Toronto Area saw a sharp slowdown in housing activity in November, with home sales falling 15.8 percent year-over-year. According to new data from the Toronto Regional Real Estate Board (TRREB), only 5,010 homes traded hands last month as affordability pressures, job uncertainty, and high borrowing costs continued to weigh on buyer confidence. While…
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Canadian Mortgage Arrears Climb To Highest Level Since 2020

Canada’s major banks are facing rising borrower stress once again. New data from the Canadian Bankers Association (CBA) shows mortgage arrears have climbed to a 5 year high as of September. The increase comes at a time when the total number of mortgages is shrinking, meaning each delinquent borrower now carries more weight in the…
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Canadian Home Sales Rise Again in October as Market Momentum Builds: CREA November 2025 Report

Canadian home sales edged up again in October 2025, marking six increases in the past seven months. Here’s what the latest CREA housing market report reveals about sales, prices, inventory, and what buyers and sellers can expect heading into 2026.
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Buy Canadian Trend Fuels Real Estate Boom In Canada’s Ski Towns

Canada’s housing market has felt choppy in 2025, but one segment is quietly heating up again: real estate in the country’s ski regions. According to Royal LePage’s 2025 Winter Recreational Property Report, home prices in popular ski destinations across British Columbia, Alberta, Ontario, and Quebec rose in the first nine months of the year, helped…
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Rent Prices In British Columbia Continue To Drop As Vancouver Hits A 43-Month Low

British Columbia’s rental market is finally seeing some relief. New data from Zumper shows that rent prices in several B.C. cities continue to cool, with Vancouver hitting its lowest level in more than three and a half years. The shift marks a notable change for one of Canada’s most expensive rental markets, although Vancouver still remains the priciest…
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53% Growth in 4 Years? Nova Scotia’s Housing Surge Fully Explained (2025 Update)

Nova Scotia’s real estate market has quietly transformed into one of Canada’s fastest-growing regions. A combination of lifestyle migration, tight inventory, and rising demand has pushed the province into a new era – one where affordability is shrinking, competition is rising, and coastal living is officially in high demand. If you’ve been wondering whether the…
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Canadian Home Sales Decline 1.7% in September 2025

The Canadian housing market showed signs of cooling in September 2025, as home sales declined 1.7% month-over-month, according to new data from the Canadian Real Estate Association (CREA). The drop ends a streak of steady monthly increases that began in April. Despite this pullback, activity remains strong compared to previous years, with sales running at their highest September level since…