Category: Uncategorized
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MLS® Home Price Index
The MLS® Home Price Index (MLS® HPI) is an advanced tool developed by major Canadian real estate boards to accurately measure neighborhood home price levels and trends. It uses a statistical model considering both quantitative and qualitative home features. The MLS® HPI is less volatile than average or median prices, offering consistent, comparable home price…
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TD Revises 2026 Housing Outlook
TD now forecasts home sales falling 1.8% yearly in 2026, reversing earlier expectations of 9.3% growth, citing slower-than-expected demand recovery. National average home prices projected to decline 0.3%, compared with previous forecast of 4.1% increase, reflecting affordability pressures and weak economic conditions. Housing activity expected to stay subdued through 2026, with recovery delayed as uncertainty,…
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Is Canada’s Housing Slowdown About to Reverse Soon?
National housing activity opened 2026 with sales sliding sharply and new listings rising. Yet, CREA forecasts ~494,500 home sales in 2026 — a modest ~5% rebound. TD Economics sees only a muted recovery, not a dramatic rebound. Balance of risk & reward: Slowing demand + cautious buyers may delay full recovery until late 2026.
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What Sellers Should Know After Rate Hold By BoC
Stable rates support confidence but don’t guarantee rising prices in affordability-constrained housing markets. Increasing inventory across Canada shifts many markets toward balanced or buyer-friendly conditions. Sales activity remains slower than inventory growth, keeping price increases modest. Sellers should price competitively as buyers gain more choice and negotiating leverage.
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CMHC reports February housing starts up 4.5% from January
Canada's annual housing starts rose 4.5% in February to 250,900 units, with a nearly flat six-month trend indicating steady new construction despite monthly fluctuations. Year-over-year starts increased 10% in centers with populations over 10,000. Construction rose 5% in early 2026, driven by higher starts in B.C. and Ontario, offsetting a 28% decline in Toronto. Vancouver…
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BC में घर खरीदारों के लिए विकल्प बढ़े
ब्रिटिश कोलंबिया का आवासीय बाजार फरवरी 2026 में कमजोर रहा, जहां आवासीय बिक्री साल-दर-साल 9.7% घटी और यह 10-वर्षीय औसत से लगभग एक-तिहाई कम रही। औसत कीमतें 2.9% गिरकर $932,243 पर आ गईं। अधिकांश क्षेत्रों में बिक्री में गिरावट देखी गई, जबकि कुछ ही क्षेत्रों में कम बिक्री के बावजूद कीमतों में बढ़ोतरी हुई। वर्ष…
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Metro Vancouver Market Stabilizes, Creating New Opportunities
Home sales in Metro Vancouver fell 9.8% in February from last year, with 1,648 properties sold, 28.7% below the 10-year average. New listings dropped 6.4%, mainly in apartments, but total active listings rose 6.3%, 37% above the 10-year average. Benchmark prices declined moderately: overall by 6.8%, detached homes by 8.8%, apartments by 6.8%, and townhouses…
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OSFI Pressures Banks as Condo Appraisals Reset
Slide 1 Canada’s banking watchdog flagged risks in pre-construction condo appraisals potentially breaching 80% loan-to-value mortgage rules. Slide 2 Blanket appraisals worked during rising prices but create challenges as condo markets soften. Slide 3 Pre-construction condo prices dropped 10–30% from 2022 peaks, increasing valuation risks at closing. Slide 4 Regulatory scrutiny encourages stronger valuation practices,…
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BoC Pause: Muted Housing Rebound
Home price growth in Canada is expected to slow to around 1%, lower than earlier expectations of about 4%, mainly due to declining condo prices in British Columbia and Ontario. Housing demand remains weak, with high inventory levels and slower population growth limiting a strong market recovery. The policy rate is expected to stay at…
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BC Home Sales Decline Again
February 2026: 4,516 MLS sales, about one-third below the 10-year February avg of 6,532. Provincial avg price ↓2.9% yearly to $932,243. Greater Vancouver sales ↓8.8% to 1,648; Fraser Valley ↓7.6% to 785; Chilliwack ↓31%; Kootenay ↓29.4%. BCREA says sales ↓ in every region yearly. Earlier forecast projected 2026 MLS sales ↑10.7% to 80,600 units.