Author: katie

The composite index rose by 0.6% in November, the fifth consecutive monthly increase and a larger rise than the previous month’s 0.4%. As a result, prices have grown by a cumulative 2.2% since the Bank of Canada’s first rate cut in June, but still remain 1.0% below their April 2022 peak. This acceleration in prices […]

The composite index rose by 0.3% in October, the fourth consecutive monthly increase, as the effects of the monetary easing cycle begin to be felt more strongly in the housing market. The number of transactions on the resale market surged in October, thanks in particular to a reduction in fixed mortgage interest rates since the […]

After remaining stable in June, the lethargy continues for house prices in Canada’s major urban centers in July, with only marginal growth of 0.2% during the month. This relative stability comes as the resale market fell back slightly during the month after a brief rebound in activity in June, which followed the start of the […]

After remaining relatively stable since the start of 2024, house prices in Canada’s major urban centers rose by 0.5% from April to May, against a backdrop of renewed optimism following the start of the monetary easing cycle by the Bank of Canada. The increase observed in May was entirely due to a rise in prices […]