Fara Ghafari, 88 West Realty
Fara Ghafari is a licensed real estate agent as well as a REALTOR® in CREA and an expert in rental and for-sale properties at 88 West Realty.
Fara Ghafari is a licensed real estate agent as well as a REALTOR® in CREA and an expert in rental and for-sale properties at 88 West Realty.
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Home prices up 2.2% year-over-year as April sales cool, CREA reports
Home sales in Canada fell year-over-year in April, while the average sale price rose to $695,412, a 2.2% increase. Sales edged up 0.7% from March on a seasonally adjusted basis. Global economic uncertainty and higher mortgage rates are expected to keep the housing market rebound muted, though some upward momentum remains. Continue to full article
What’s the Cheapest City in Canada to Buy a House in 2026?
Affordable real estate in Canada is mainly found in the Prairie Provinces, Atlantic Canada, and Northern Ontario, with cities like Portage la Prairie, Regina, Saint John, and Thunder Bay offering lower average home prices. Overall home prices are expected to decline by about 3.5% in 2026, though some markets may see growth. Affordability depends on […]
Canada Housing Outlook Flags Condo Oversupply
Canada’s central bank kept overnight rates near 2%, while its current outlook shifted focus toward housing’s expected drag on 2026 activity and growth. Housing is forecast to trim real GDP growth by 0.1 points in 2026, a ↓0.3-point revision from Early-Q1, largest among domestic components. Planning focus now: stretched affordability, slower population growth, weak investor […]
Canada Buyers Gain More Choice in 2026
Stable borrowing costs and firm housing costs are giving active buyers a clearer planning window, with accessible entry points emerging in several markets. After years of unpredictable inventory, rates, remote work, trade policy, and inflation, softer price growth points toward a more normal 2026 market. The central bank suggested its overnight lending rate may hold […]