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Seasonally adjusted sales fell 18.7% in December from November to 5,359 units, marking the lowest sales level since July, Toronto Regional Real Estate Board data showed. Compared to December 2023 ...
Economists polled by Bloomberg were off by 45,000 and 47,000 units when it came to their home sales estimates for March and April as first-time buyers poured into the new-home market.
From 2003 to 2018, Canada saw an increase in home and property prices of up to 337% in some cities. [2] In 2016, the OECD warned that Canada's financial stability was at risk due to elevated housing prices, investment and household debt. [3] By 2018, home-owning costs were above 1990 levels when Canada saw its last housing bubble burst. [4]
October 27, 2023 at 4:24 PM ... New-home sales rose 12.3% to an annual rate of 759,000 in September, ... is the most “desired and most effective” incentive offered in the new-home market today ...
New home starts jumped 14.8% last month from October’s revised estimate, and single-family housing starts increased 18% during the same period, the U.S. Census Bureau and the U.S. Department of ...
The Toronto-Dominion Centre in Toronto. The economy of Ontario is diversified.Ontario is the largest economy in Canada, making up around 38% of Canadian GDP. [1] [2] Though manufacturing plays an important role in Ontario's economy responsible for 12.6% of Ontario's GDP, the service sector makes up the bulk, 77.9%, of the economy. [3]
October 4, 2024 at 9:42 AM. The light at the end of the tunnel is coming for the home improvement sector. ... Easing rates would also bode well for the new-home market.
Texas New Home Sales Increase Based on all local MLS data, the most reliable and current source of all home sales activity, total new home sales increased in three of the four largest new home markets in Texas last month. The November 3-month moving average of new home sales in Dallas-Ft. Worth was 1,872 versus 1,870 in October.