Read about affordability issues, luxury real estate trends, and potential investment markets in Livabl’s weekly roundup of Canadian housing news and trends.

Canada is welcoming immigrants at an accelerated rate, and it should have a significant impact on the labour market and housing demand, according to a new CIBC report.

At the conclusion of 2021, Canadian home prices grew more than 15 per cent annually, beating out the previous market peak that was established around six years ago.

Coming soon to Maple Ridge is Thomas West Haney – the newest condominiums from Tridecca Developments. Thomas West Haney is situated at the gateway of Haney, Maple Ridge’s highly desirable downtown neighbourhood.

Fuelled by sustained buyer demand, Calgary’s new multi-family home market closed out 2021 by recording its highest annual sales total since 2014, according to Zonda Urban.

A RE/MAX Canada report says sales of homes worth more than $3 million in Vancouver and Toronto increased by 75 per cent and 112 per cent respectively in the last year, while sales of homes more than $1 million in 17 other smaller cities increased by as much as 500 per cent.

Gryphon Nova’s philosophy focuses on providing residents with a lifestyle that is both holistic and technologically advanced.

Amid speculation about rising interest rates, a new study by the British Columbia Real Estate Association (BCREA) forecasts rate hikes will cause a decrease in home sales and pullback on price growth.

Several factors could pour cold water on the Canadian housing market in the year ahead, including rising interest rates and policy initiatives aimed at increasing affordability and curbing investor speculation.

When it comes to home ownership in Canada, investors account for a chunk of mortgaged purchases, according to a new report by the Bank of Canada (BoC).