Canadian New Home Prices Archives - Better Dwelling https://betterdwelling.com/tag/canadian-new-home-prices/ Canada’s Fastest Growing Real Estate News Source Tue, 22 Aug 2023 16:06:20 +0000 en-US hourly 1 https://i0.wp.com/betterdwelling.com/wp-content/uploads/2016/07/cropped-better-dwelling-flower-logo.png?fit=32%2C32&ssl=1 Canadian New Home Prices Archives - Better Dwelling https://betterdwelling.com/tag/canadian-new-home-prices/ 32 32 64691831 Bank of Canada Is Watching Housing As It Becomes An Inflation Risk: BMO https://betterdwelling.com/bank-of-canada-is-watching-housing-as-it-becomes-an-inflation-risk-bmo/ https://betterdwelling.com/bank-of-canada-is-watching-housing-as-it-becomes-an-inflation-risk-bmo/#comments Tue, 22 Aug 2023 16:06:18 +0000 https://betterdwelling.com/?p=23849 Canada’s central bank will be watching home prices carefully when setting interest rates. In a note to investors, BMO Capital Markets explained that falling new home prices reduced the consumer price index (CPI) readings. However, they’re starting to bottom and are likely to become an influence on higher inflation. The Bank of Canada (BoC) is […]

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]]> https://betterdwelling.com/bank-of-canada-is-watching-housing-as-it-becomes-an-inflation-risk-bmo/feed/ 11 23849 Canada’s Real Estate Supply Shortage Is Being Declared A Myth In Pricey Markets https://betterdwelling.com/canadas-real-estate-supply-shortage-is-being-declared-a-myth-in-pricey-markets/ https://betterdwelling.com/canadas-real-estate-supply-shortage-is-being-declared-a-myth-in-pricey-markets/#comments Thu, 24 Mar 2022 16:37:07 +0000 https://betterdwelling.com/?p=20064 The supply shortage pushing Canadian real estate buyers to the limit doesn’t exist. It’s an unexpected take from the Union of British Columbia Municipalities (UBCM). The Government report, building on SFU City Program Director Andy Yan’s research, shows BC’s housing supply kept pace with its population. This follows a BMO Capital Markets report showing Ontario’s […]

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]]> https://betterdwelling.com/canadas-real-estate-supply-shortage-is-being-declared-a-myth-in-pricey-markets/feed/ 14 20064 Canadian New Housing Starts Are Approaching A Record For Urban Markets https://betterdwelling.com/canadian-new-housing-starts-are-approaching-a-record-for-urban-markets/ https://betterdwelling.com/canadian-new-housing-starts-are-approaching-a-record-for-urban-markets/#comments Mon, 20 Dec 2021 20:40:42 +0000 https://betterdwelling.com/?p=19179 Canada’s housing supply is about to explode in growth as developers scramble to meet demand. Canada Mortgage and Housing Corporation (CMHC) data shows new starts surged in November. Most of the building is in cities where existing-home inventory is under pressure from elevated demand. Urban starts of new homes fell just short of hitting another […]

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]]> https://betterdwelling.com/canadian-new-housing-starts-are-approaching-a-record-for-urban-markets/feed/ 8 19179 Canadian New Home Price Growth Slowed For The First Time Since 2019 https://betterdwelling.com/canadian-new-home-price-growth-slowed-for-the-first-time-since-2019/ Fri, 22 Oct 2021 00:31:00 +0000 https://betterdwelling.com/?p=18550 Canadian new home prices may have just seen the first sign of cooling in over a year. Statistic Canada (Stat Can) released the New House Price Index for September. The agency said fewer than half of cities saw new home prices advance last month — a drag on annual growth. Annual new home price growth […]

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]]> 18550 Canadian New Home Prices See Largest Growth Since 2006, But It Won’t Stick For Long https://betterdwelling.com/canadian-new-home-prices-see-largest-growth-since-2006-but-it-wont-stick-for-long/ https://betterdwelling.com/canadian-new-home-prices-see-largest-growth-since-2006-but-it-wont-stick-for-long/#comments Wed, 21 Jul 2021 16:26:12 +0000 https://betterdwelling.com/?p=17496 Canadian real estate has been experiencing a bit of a lull, and the new home market is no exception. Statistics Canada (Stat Can) data shows new home prices saw annual growth hit a multi-year high in June. The high was due to momentum though, as price growth had been decelerating more recently. Growth appears to […]

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]]> https://betterdwelling.com/canadian-new-home-prices-see-largest-growth-since-2006-but-it-wont-stick-for-long/feed/ 7 17496 Canadian New Home Prices Are Rising At The Fastest Rate Since 2006 https://betterdwelling.com/canadian-new-home-prices-are-rising-at-the-fastest-rate-since-2006/ https://betterdwelling.com/canadian-new-home-prices-are-rising-at-the-fastest-rate-since-2006/#comments Mon, 21 Jun 2021 20:01:36 +0000 https://betterdwelling.com/?p=17128 Canadian new home prices are on a tear, as high demand meets higher material costs. Statistics Canada (Stat Can) data shows new home prices advanced sharply in May. The annual rate of price growth is now at the highest level since 2006. That makes it one of the fastest annual rates of growth in history. […]

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