Average Canadian house worth $504458 in June, down 10% since April

Average Canadian house worth $504458 in June, down 10% since April
Canadian home sales see biggest monthly decline since 2010
Home sales fell in June by their largest amount in seven years, the Canadian Real Estate Association said Monday, as nearly three-quarters of all markets slowed down during what is normally the most popular time of the year for real estate. DON PITTIS: 

Home sales across Canada fell in June by their largest amount in seven years, the Canadian Real Estate Association said Monday. The association says sales for June were down 6.7 per cent compared with May on a national basis, with 70 per cent of all
Canada existing home sales fell 6.7% in June after the 6.2% m/m drop in seasonally adjusted May sales, according to the Canadian Real Estate Association. The pull-back is the largest monthly decline since June of 2010. Also, sales are down 14.1%. Higher BoC rate could draw out Toronto's housing slowdown—CIBC's Tal The Bank of Canada's interest rate hike could prolong the cooling-off period the Toronto housing market is experiencing following the implementation of a provincial foreign-buyer tax …

Canadian bond yields jump after weak home sales data

The resale of Canadian homes fell 6.7 per cent in June from May, the largest monthly drop since 2010 and the third straight monthly decline as sales in Toronto plunged, the Canadian Real Estate Association said on Monday. The industry group said actual. Total home sales in Greater Toronto dropped to 5,977 in June, the lowest level since 2010 and down 15.1 percent from the month prior, data from the Canadian Real Estate Association show. Average prices are down 14.2 percent since March — the fastest

Canadian home sales see biggest monthly decline since 2010
Canadian home sales see biggest monthly decline since 2010

Home sales fell in June by their largest amount in seven years, the Canadian Real Estate Association said Monday, as nearly three-quarters of all markets slowed down during what is normally the most popular time of the year for real estate. DON PITTIS:

Canadian house prices are down nearly 10% since April

We've known for awhile that Toronto home prices rapidly cooled in the past three months but now it appears to be a national retracement. Data released today from the Canadian Real Estate Association showed prices slipping on slow sales. A runup in late

Canada's market has shown through June's economic data, the number of houses being built on an uptrend. Courtesy of the CMHC, 215,459 housing starts tallied for the previous month accompanied by the announcement to raise interest rates. Housing

Canadian bonds briefly gave up their gains on Monday after an unexpectedly sharp slowdown in home sales cast doubts over policymakers' plans to step up the pace of monetary tightening following last week's historic interest rate increase. Yield on. House sales fell in a majority of markets across Canada in June, suggesting the real estate sector is cooling just as interest rates are starting to climb and Ottawa is proposing tougher mortgage qualification rules. Sales fell in Toronto and most …

Anyone shopping for or looking to sell a house knows that the Greater Toronto Area housing market is nothing if not exciting. This past year, home prices rose astronomically before falling incrementally in the spring and summer months. The Bank of …

That decline was influenced by cooled demand in the Greater Golden Horseshoe Area following Ontario's unveiling of its Fair Housing Plan, according to the Canadian Real Estate Association. “Changes to Ontario housing policy made in late April have

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