News

  • Housing starts up slightly in June: CMHC by Editorial Team

    The seasonally adjusted annual rate of housing starts edged up to 197,400 units in June, up from 194,100 in May, keeping the total number of starts “above their trend line since March,” according to Bob Dugan, senior economist for the Canada Mortgage and Housing Corporation.

  • Average price statistics are misleading: CIBC by Editorial Team

    Gains in average prices in Canada have been surprising in the last few years, leading some analysts recently to say it is a bubble ready to burst. But average prices are misleading, according to a new report by CIBC World Markets Inc.

  • Home prices up nationally, but gains will soon slow: Royal LePage by Editorial Team

    Residential prices are up considerably through most of Canadian cities since last year, but the trend will not last, according the Royal LePage House Price Survey and Market Forecast out today.

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