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Ontario's new housing rules seem to have had some effect.
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Toronto is no longer a "seller's market" and is now "in balanced territory."
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The average sales price of a home in Canada reached $548,517 in March, up 8.2 per cent in a year.
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Half the money circulating through Vancouver's housing market has vanished.
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If you can make more selling than renting, you will probably sell.
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A shortage of housing is behind the rise in home prices, real estate industry says.
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Meanwhile, Toronto's hot real estate market is spreading out.
Mark Blinch / Reuters
Homebuyers rushed to get approved before new "stress test."
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"Uncertainty" in the market amid new mortgage rules.
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Foreign buyers are bailing on B.C.
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Housing activity in Toronto and Vancouver continues to skew the Canadian home sales picture, as these two markets experience characteristics that are very different from the rest of the country.
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Some say the ruling doesn't differ much from the status quo.
It's June and school will soon be out for the summer. What better time to teach your kids about... real estate? Why? There's actually more than 500,000 reasons to do so. The number is really 508,097 -- as in dollars, the average price of a home in Canada as of April 2016, according to the Canadian Real Estate Association. This represents a 13.1-per-cent year-over-year price gain. We need to educate our kids about the realities of property ownership before it overwhelms them.