CMHC projects trajectories for Toronto, Vancouver, Montreal real estate in new summer outlook

On Tuesday, the Canadian Mortgage and Housing Corporation released its summer 2020 Housing Market Outlook, the most recent in a series of wild guesses the organization has made around the post-COVID-19 growth expected in Canada’s major housing markets. The report forecasts a long road to recovery for Canadian housing but ...

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Substantial month over month recovery in May

On a month over month basis, both actual and seasonally adjusted sales volumes in May 2020 were up substantially compared to April 2020, with a total number of sales transactions increase of 55.2%. New listings were up by 47.5% in May compared to April and active listings were up by ...

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