Author: inboks
Canadians are showing greater openness to alternative forms of housing, but builders say financing constraints, labour shortages and rising costs are making it harder to deliver the kinds of homes buyers… Read more at www.canadianmortgagetrends.com
By Sammy Hudes The organization said home sales last month totalled 37,504, down 6.9% from August 2025. On a seasonally adjusted basis, activity fell 0.7% compared with July of this year. Overall,… Read more at www.canadianmortgagetrends.com
The British Columbia Real Estate Association says there were 5,653 residential property sales last month on the Multiple Listing Service, a 4.7% decrease from the same month last year. The average home… Read more at www.canadianmortgagetrends.com
HWhen California’s Legislature reached the deadline for passing bills at midnight on August 31, a major bill meant to make it easier to build more condos collapsed just short of the finish line. Only about 3,000 new condominiums are… Read more at condowonk.com
By Sammy Hudes Canada Mortgage and Housing Corp. released its latest supply gap estimate report, which said between 417,000 and 469,000 new housing units are needed per year across the ownership and rental… Read more at www.canadianmortgagetrends.com
By Sammy Hudes A monthly report from Rentals.ca and Urbanation, released Wednesday, said that marks the steepest year-over-year drop since March. Average asking rents have now fallen year-over-year for… Read more at www.canadianmortgagetrends.com
Montreal’s housing market continued to cool in August, with sales falling and the number of properties available for sale climbing across the region. A total of 2,853 homes changed hands during the month,… Read more at www.canadianmortgagetrends.com
Greater Vancouver Realtors says there were 1,869 home sales last month, which was 20.7% below the 10-year seasonal average. Andrew Lis, the board’s chief economist and vice-president of data analytics,… Read more at www.canadianmortgagetrends.com
Greater Toronto real estate’s moving fast once again, but not in the direction the industry hoped. Toronto Regional Real Estate Board (TRREB) data shows sales fell in August, while inventory has accumulated to one of the highest… Read more at betterdwelling.com
By Sammy Hudes The Toronto Regional Real Estate Board said 5,057 homes changed hands last month, down 2.1% year-over-year, while sales also fell 1.3% from July on a seasonally adjusted basis. The average… Read more at www.canadianmortgagetrends.com