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Housing sales trends in 7 of Canada's largest urban areas

6 days ago

Housing sales trends in 7 of Canada's largest urban areas

Housing markets in Montreal, Quebec City and Ottawa were lively in October, defying a sales slowdown that has impacted even the consistently strong markets of Calgary and Edmonton. Toronto and Vancouver continue to report both sales and price drops.

Federal budget doesn’t go far enough on housing: B.C. expert

The federal budget does not go far enough, and may actually be a step in the wrong direction, one expert says. The budget did not reveal any significant housing measures, though it doubled down on the Build Canada Homes program.

How presales helped the condo market boom, then collapse

As sales of preconstruction condominiums in the GTA continue to tally their worst performance in more than 30 years, with a record number of projects being cancelled for lack of demand, industry experts are asking what lessons can be learned.

Open house trends defining uneven real estate market

Far from feeling that open houses are an outdated tool, Jim Burton, owner of ReMax Infinity in St. John’s continues to find them a cost-efficient way of marketing, promotion and lead generation – not to mention an industry standard.

Toronto-area home prices tumble for ninth straight month

Toronto-area real estate prices are down for the ninth straight month, about 21 per cent since the 2022 peak, in the worst downturn since the 1990s, according to the Toronto Regional Real Estate Board’s report on October sales.

Luxury home sales cool across the GTA

According to a new report from Wahi, sales of Greater Toronto Area (GTA) homes priced at $3 million and up fell roughly 15 per cent in the third quarter of 2025 compared to the same time last year.

Vancouver housing 'slowdown' now more than 3 years old

It's been over three years since Vancouver has seen the type of sales numbers that were once common. Economists say there seems to be little appetite by governments to enact some of the changes developers are asking for to spur sales.

Saskatchewan home sales see second-best October on record

According to the Saskatchewan Realtors Association, 1,433 homes changed hands in October, down nearly six per cent from last year’s record-breaking pace but still well above historical norms. The province has now logged 28 consecutive months of above-average sales.

Can REITs help non-homeowners tap into real estate gains?

How can Canadians who can't afford a home financially benefit from the housing market? One option is to invest in a real estate investment trust (REIT), a company that owns, operates or finances real estate meant to generate income.

Neighbours resist as Halifax removes development hurdle

Halifax’s upscale Birchdale neighbourhood, limited to single-family homes by a 1941 covenant, became a housing policy flashpoint after city officials lifted the restriction on a Thornvale Avenue property, allowing development of up to eight units.

Multifamily modular homes going up in Calgary

Rolling out of Triple M Housing’s production facility in Lethbridge, modular structures are making their way north to ATCO’s Viva Homes project in Calgary. Viva Homes is a stacked housing concept, where the modular structures will create multifamily townhomes.

Canada’s most renter-friendly cities

Using monthly listing data from Rentals.ca, The Globe and Mail ranked 235 cities (each with a population exceeding 20,000) on four attributes: affordability, availability, stability and livability. The results indicate that rental affordability varies significantly across the country.

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