As the market hits peak springtime, communities across the Toronto region are actually noticing that home prices are trending downward.

The number of apartments being built in Canada has exploded over the past five years according to newly-released Census data.

Despite their compact design and typically lower prices, getting the financing for these ultra-tiny condo units isn’t always straightforward.

Calgary’s new multi-family property market reported high levels of demand during the first quarter of 2022, partly thanks to a greater number of Ontario investors in the marketplace.

With fewer rental homes coming online, market conditions tightened in the Greater Toronto Area during the first quarter of 2022, forcing average prices upward.

As more Canadians head back to their office cubicles, the rush of homebuyers retreating from major cities appears to be slowing down.

While the price of a new construction condo reached record highs in the Greater Toronto Area during March, sales in the region saw a change from the market’s “breakneck pace,” of the past few months.

Vancouver’s housing market could see home prices gradually fall this year while challenges related to housing starts, labour shortages and affordability continue to linger.

Condo buyers in the Greater Toronto Area might have noticed that the price of units have jumped considerably across the region this past year.

Now, with the Bank of Canada having made its second hike to the overnight rate in what is expected to be a series of increases this year, higher rates could change the trajectory of the housing market.

Canadians are flocking to the country’s more affordable housing markets in search of new homes, a trend that helped to push prices higher last month.

The Ontario government is planning to introduce new policies that would let home sellers disclose information about competing purchase offers on their home.

Since the COVID-19 pandemic began in March 2020, Canadian home prices have experienced significant upward momentum, a trend that is expected to continue into the spring market.

Last month, the number of housing units kicking off construction trended lower across the country.

Vancouver’s South Cambie neighbourhood could be the future site of a 60-unit residential development that was recently proposed near West King Edward Avenue and Cambie Street.

The number of homes bought and sold across Canada dropped between February and March, an early indicator that the market could be showing signs of cooling down.