Housing Market

The Bank of Canada announced on October 25th it would be holding its key lending rate at 5.0%, the second consecutive hold since two quarter-point increases were made over the summer. Since March of last year, the central bank has imposed an ...

High property prices, elevated interest rates and the rising cost of living has prompted many Canadians to rethink their lifestyle and housing needs. For some, this means pooling financial resources with other family members and friends in order to ...

Canadians continue to grapple with the increased cost of living, and the Bank of Canada’s latest hike to interest rates this week will add more pressure to variable rate mortgage holders, as well as those looking to qualify for lending. While ...

Royal LePage is forecasting that the aggregate price of a home in Canada will decrease 0.5 per cent in the fourth quarter of 2022, compared to the same quarter last year. The forecast has been revised downward, reflecting an expected flattening ...

ST. JOHN’S, October 13, 2022 – According to the Royal LePage House Price Survey released today, the aggregate price of a home in St. John’s increased 8.2 per cent year-over-year to $334,000 in the third quarter of 2022. During ...

According to the latest Royal LePage House Price Survey released, the aggregate price of a home in St. John's increased 11.3 per cent year-over-year to $315,500 in the first quarter of 2022. Canada’s real estate market has sustained ...

You may be wondering if it’s a bad idea to list your home for sale in the winter months because the market is slower. But with the delayed spring market pushing buyer demand into the fall, this year has proven different. In 2020, low ...

A great turnout by members of the Mount Pearl - Paradise Chamber of Commerce who met with Chris Janes, CMHC to discuss the 2020 housing market and the overall economy. Many were interested in learning how 2019 compared to previous years, and how ...

Curious to know what the 2020 market will look like?  Are you interested in learning how 2019 was and how economic factors like population employment, wage growth and affected the markets? Presented by Chris Janes, Senior Analyst, Economics at ...