Monday, May 4th, 2026

The latest real estate stats for hot markets are bad news for homebuyers

Here’s hoping the last six months of declining home sales didn’t give homebuyers the false impression that Canada’s real estate market has cooled. It’s still historically hot.

Home sales in September showed a modest month-over-month increase, according to data from the Canadian Real Estate Association. Despite only rising by 0.9 per cent, the increase was the first since March. At this point in Canada’s seemingly inexhaustible real estate boom, when the number of homes on the market is scraping rock bottom, any increase in sales is near miraculous. But it doesn’t mean...[READ MORE]

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