Housing Market Update – The Conference Board of Canada

2 minutes, 2 seconds Read

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Housing Markets Continue Soft in October

Canadian resale markets continued to cool in October, in line with other signs of a slowing Canadian economy, including moderating GDP and employment advances. Recent drops in bond yields, while ultimately stimulative for the housing market as they presage lower mortgage interest rates, are falling partly because investors expect economic weakening.

December 4, 2023   •   8-min read

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Buy/sell, rent/lease residential &
commercials real estate properties.

The Housing Market Update describes current monthly resale and construction information for two dozen Canadian urban centres. It presents the factors underpinning housing demand, including interest rates, demographics, and incomes. Importantly, the report scales housing activity by a market’s size, enabling “like-for-like” comparisons, and presents data in interactive and easy-to-read charts. Real estate brokers and agents, home builders, housing policy experts, and general economic observers will find this report helpful. 

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