The remarkable recovery in Canada’s resale housing market is cooling, as increasingly expensive properties and the promise of higher mortgage rates force out buyers. Prices are at all-time highs, but the number of homeowners looking to sell has created a glut of inventory.
0 minute readOvervalued Canadian homes, higher mortgage rates drop hot resale market
May 27, 2010, 1:11pm
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
Most Popular Articles
Latest Articles
Will the Fed really hike rates 3 times in 2026, per Bank of America?
BofA forecasts three quarter-point Fed hikes in 2026, but market pricing and a 10-year yield near 4.51% argue for 0 to only one rate hike.
-
Fathom agents briefed on Bed Bath & Beyond acquisition plan
-
Consistency spells top 2026 RealTrends Verified rankings for Gary Mercer Sr.
-
UWM, Two Harbors CEOs clash in emails ahead of CCM deal vote
-
Former Christie’s International Real Estate affiliate hit with commission dispute
-
REMAX Premier expands in Chicago
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
