Tag: investing
-
BC Home Sales Are Still More Than 25% Below Normal
British Columbia’s housing market is showing signs of slowly recovering, but home sales are still nowhere close to what would normally be expected at this time of year. A total of 5,653 residential properties sold across B.C. in August 2026, according to the latest data from the British Columbia Real Estate Association. That was 4.7%…
-
Toronto Condo Construction Has Collapsed With Just 156 Units Started In The First Half Of 2026
Toronto’s condo construction slowdown has reached a dramatic new level, with just 156 condominium units started in the City of Toronto during the first half of 2026. According to the Canada Mortgage and Housing Corporation’s latest Housing Supply Report, that is a massive drop compared with the previous decade, when the city averaged roughly 7,000…
-
Edmonton Home Prices Just Fell As Housing Inventory Jumps 15%
Edmonton’s housing market may be starting to shift as home sales slow, inventory climbs and benchmark prices move lower. The Greater Edmonton Area recorded 2,143 home sales in August 2026, according to the latest report from the REALTORS® Association of Edmonton. That was a 15.4% drop from July and a 9.8% decline compared with August…
-
Calgary condo prices have dropped nearly $46K from their peak
Calgary’s condo market has changed significantly from the red-hot conditions seen just a couple of years ago, with apartment prices now sitting roughly 13% below their 2024 peak. According to the latest data from the Calgary Real Estate Board, the benchmark price for an apartment-style condo in Calgary fell to $295,400 in August 2026. That…
-
The GTA’s Average Home Price Just Fell Below $1 Million Again
The average price of a home in the Greater Toronto Area has slipped below the $1 million mark again, as the region’s housing market continues to look very different from its pandemic-era highs. The average GTA home sold for $993,410 in August 2026, according to the latest data from the Toronto Regional Real Estate Board.…
-
The Bank Of Canada Just Warned Interest Rates Could Go Up More Than Once
Canadians who have been waiting for interest rates to fall could be in for a surprise, because the Bank of Canada is now warning that rates may need to go up again. The Bank of Canada held its policy interest rate at 2.25% on September 2, keeping it unchanged for another meeting. But what Governor…
-
GTA Home Prices Are Now Nearly $354,000 Below Their 2022 Peak
Home prices across the Greater Toronto Area are now nearly $354,000 below their 2022 peak, as the region’s housing market continues to struggle to regain its pandemic-era highs. The GTA’s MLS Home Price Index benchmark fell to $925,900 in August 2026, according to the latest Toronto Regional Real Estate Board data. That’s down 4.5% compared…
-
Ontario’s Housing Market May Finally Be Turning A Corner
After being one of Canada’s hardest-hit housing markets, Ontario may finally be starting to show signs of a recovery. A new housing market update from RBC Economics, released August 18, 2026, says there was further progress across Ontario in July, with home resales increasing in Toronto, Hamilton, Kitchener-Waterloo, London and Ottawa. Home values also increased…
-
Toronto Housing Starts Just Fell 10% As New Construction Slows
Toronto needs significantly more housing in the years ahead, but the latest construction numbers are moving in the opposite direction. New data from the Canada Mortgage and Housing Corporation shows housing starts across the Toronto area fell 10% year-over-year in July 2026, driven by a decline in multi-unit construction. A total of 1,540 homes started…
-
Ontario’s Housing Market Is No Longer A Buyer’s Market, CREA Says
Ontario’s housing market is starting to look very different than it did just a few months ago. After spending the first four months of 2026 in buyer’s-market territory, conditions across the province have tightened considerably, according to the latest housing data from the Canadian Real Estate Association. CREA’s July report, released August 18, says Ontario’s…
