House Prices Turning Ridiculous

Average home prices across Canada were 8.4 per cent higher in July than they were a year ago, while the number of homes sold was up 9.4 per cent over that period, reports the Canadian Real Estate Asso...

Canadian Home Prices, Sales Up

Both the average selling price and the number of Canadian homes sold ticked higher last month, according to data released Monday. The Canadian Real Estate Association said home sales increased 3.6 pe...

It’s Official: Housing Is In A Recession

The rule of thumb among economists is that a recession is defined as two consecutive quarters of negative economic growth. If that standard applied to housing (and why shouldn’t it?), Canada’s housing...