The Toronto Regional Real Estate Board (TRREB) released findings from an Ipsos survey on consumer sentiment, as well as home buying and selling intentions, in light of the ongoing pandemic.

The enormity of the declines thankfully did not blindside housing market experts who had been predicting a huge, but temporary, hit to activity. And with April behind us, the market will now begin the steep, long climb back to some version of normalcy.

On the pricing side, average home prices in BC rose 7.8 percent over the previous year to $737,834 despite the dramatic decline in sales. BCREA pointed to the rapidly shrinking supply of active listings — down 23.7 percent over last year — as the primary reason that prices stayed firm through April.

New details are emerging around the celebrity-endorsed, mixed-use development proposed for the Yonge and Eglinton community.

If buying a new construction townhome in 2021 is in the cards for you, then here are a few currently selling projects around Greater Vancouver that you may want to take a look at.

In a BMO report published earlier this month, Senior Economist Robert Kavcic pointed out that new home listings are sharply declining alongside home sales which likely means that “the deterioration in prices should be contained for now.”

After a good showing in April, the team at BMO Economics is confident that home construction across Canada won’t see a major disruption due to the COVID-19 pandemic.

The streets, cul-de-sacs and sidewalks are all paved and streetlights have been installed.

Beginning on Tuesday, May 19th, all construction operations will resume as part of stage one of Ontario’s three-stage reopening plan.

The homes at Davis Heights deliver modern luxury with a hint of old-world charm.

This week, Rentals.ca released its monthly national rent report providing a clear picture of changing rental rates as a result of the pandemic lockdown.

Aoyuan International recognized the mounting challenges that food banks are currently faced with.

As no firm decisions have been made yet on the fate of any of these projects, the roadmap for what could happen to them may vary.

Construction on the project is well underway and the developer is currently offering incentives on its lineup of move-in ready homes.

The VMC is poised to become the financial, innovation and cultural centre of Vaughan with a variety of retailers, restaurants, cafes, parks and commercial offices planned.

One approach in the search for clues on both the short and long-term market implications of the pandemic’s disruptive effects is to look at how the 2008-2009 global financial crisis played out.