Found 2 blog entries tagged as market.

Photo: Tyler Farmer / Unsplash


Canada’s housing market is seeing a “high degree of vulnerability,” in the face of continued price acceleration and overvaluation.

In its Q3-2021 Housing Market Assessment, the Canada Mortgage and Housing Corporation (CMHC) stated that a high degree of market vulnerability has been created at the national level as a reflection of “problematic conditions,” detected in several local markets within Ontario and Eastern Canada.

Between CMHC’s March 2021 and September 2021 reports, the rating of national market vulnerability escalated from “moderate” to “high.” The corporation explained that high vulnerability means that the market is more susceptible to a potential downturn that would result in greater…

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Photo: James Bombales

The rate of growth for housing prices across the country has notably dropped compared to the earlier, more hectic market months of 2021.

In a recent monthly housing market update report, senior RBC economist Robert Hogue noted that the housing market has “calmed down considerably this summer,” which is taking the pressure off of Canadian housing prices.

Although home prices are still on the rise, the pace of appreciation is less than what it was prior to the summer. For the past three months, the average rate of increase was 0.8 per cent month-to-month, a noticeable difference from the first quarter of 2021 when the average rate was 2.6 percent monthly. The rate of price appreciation during the last three months is…

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