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Canadian Property Sales Increase for Third Consecutive Month

By Allison Halliday | May 21, 2015
Figures from the Canadian Real State Association show home sales throughout Canada increased in April for the third consecutive month. Sales rose by 2.3% from March to April and sales activity was up 10% on levels year ago, although this figure is not seasonally adjusted. The Canadian Real Estate Association home price index increased by […]
Real Estate, US Real Estate

Canadian Real Estate More Attractive to Foreign Investors

By Allison Halliday | March 4, 2015
Real estate in Canada is already expensive in property hotspots like Vancouver and Toronto, but it’s thought there could be an increase in foreign investment this year. Over the last six months the loonie has fallen about 10% against the US dollar and this is likely to increase interest from foreigners. While some major markets […]
International, Real Estate, US Real Estate

Canadian Real Estate Sales Increased in August

By Allison Halliday | October 3, 2013
The latest index from the Canadian Real Estate Association shows sales of residential property in Canada rose by 2.8% in August compared to July. Sales activity in August was 11.1% more than levels reported for August last year, with figures in line with the 10 year average. Sales increased year on year in approximately two […]
International, Real Estate, US Real Estate

Canadian Real Estate Market Stronger Than Expected

By Allison Halliday | September 18, 2013
According to recent data, the Canadian real estate market has performed surprisingly strongly compared to a year earlier, and prices have increased more than anticipated. In fact just recently there were concerns that the housing market could be in trouble, but seasonally adjusted sales have exceeded their 10 year average. The article in the Globe […]
International, US Real Estate

Average Canadian Prices Declined by 2% in July, Dragged down by Vancouver

By Allison Halliday | August 16, 2012
The national average home price in Canada declined by 2% in July compared to July 2011, due to price falls in Vancouver, as most markets saw slight increases. Figures from the Canadian Real Estate Association showed the average price for a Canadian home sold in July 2012 was $353,147.
International, Real Estate, US Real Estate

Average Canadian Home Costs Slightly More Than a Year Ago

By Allison Halliday | May 16, 2012
A report in the Globe and Mail shows the average Canadian home now costs slightly more than a year ago, at $375,810. According to figures from the Canadian Real Estate Association, prices are 0.9% higher than a year ago.
International, Real Estate, US Real Estate

Growing Worries over Sub-Prime Mortgages in Canada

By Allison Halliday | April 18, 2012
The large Canadian banks have always lent responsibly, and even now are tightening lending conditions, but this doesn't appear to be the case with Canada's growing sub-prime mortgage industry.
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