CREA Housing Stats | New Developments & Real Estate News

NOW FOR SALE. - Welcome to Stylish Living on the Saanich Peninsula. Luxury 1 & 2 Bedroom Condominiums coming to Saanichton BC

Globe and Mail – B.C.’s strict new short-term rental rules pit housing supply against homeowners struggling to pay mortgages

Victoria Times Colonist – CONDO SMARTS: Council must pay back unused portion of levy

Victoria Times Colonist – Saanich to ask province for exemption on secondary suites in rural areas

CBC B.C. – More B.C. homes to be eligible for heat pump rebates next month

Victoria Times Colonist – Saanich approves another townhouse project near Swan Lake

Victoria brings land-use bylaw into alignment with new provincial law (Times Colonist)

Victoria Times Colonist – Amid ongoing drought, Island prepares for another brutal fire season

Victoria Times Colonist – Victoria council advances controversial project on Richardson Street

Victoria Times Colonist – Langford passes 15.6% hike in property taxes amid protest

Mixed-use developments diversify as demands increase (Times Colonist)

Victoria Times Colonist – Saanich residents express worry about massive change amid debate over new Official Community Plan

Regulations, ‘fragmented’ construction sector holding back housing starts: CMHC (Canadian Mortgage Trends)

2024 recession now expected to be “shallower and shorter,” says Oxford Economics (Canadian Mortgage Trends)

Home building lags despite record number of construction workers, CMHC finds (Financial Post)

New Insights into Canada's Housing Construction Potential (News Wire)

Real estate prices stable in April (Bay Today)

Housing market bounces back (CTV News)

CREA update: Canadian housing market is back in balance

Housing dilemma, should you rent or buy?

Financial Post - Canada's housing market sees surge in listings, giving buyers' rare advantage

Storeys – ‘Most balanced since before the pandemic’: Canadian home sales dip, inventory rises

Rising interest rates and affordability concerns continue to impact Canadian homebuyers: CMHC (Real Estate Magazine)
April asking rent prices up 9.3% across Canada; as Ontario sees only decline: report (Canadian Mortgage Trends)

DR Sherry Cooper - April's Strong Job Gains Likely Postpone Rate Cuts Until July

National Observer – Fear of sinking real estate values hinders flood mapping

Globe and Mail – Property insurer Intact rolls out pilot project to fireproof homes when wildfires are near

CMHC exceeds 2023 housing goals despite economic headwinds (Canadian Mortgage Trends)
Bank of Canada says financial system is stable, but risks remain (CTV News)
Big vision using tiny homes to address housing shortfall (CTV News) 
Renters so far more ‘vulnerable’ than homeowners amid higher interest rates. Why? (Global News)

An overview of housing promises from all of the 2024 provincial budgets (Canadian Mortgage Trends)