Published 24 days ago

Spring housing market surge unlikely as affordability, cost of living weigh on buyers

The Canadian Real Estate Association predicts a possible change in national home sales and pricing trends by hinting at February's potential significance.
Canada's population surpassed 41 million in late March, indicating continuous growth.
RBC's assistant chief economist anticipates a gradual housing market rebound but not a significant surge following the Bank of Canada's rate cuts.

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CTV News

Spring housing market surge unlikely as affordability, cost of living weigh on buyers

After five straight holds of the Bank of Canada's key interest rate that followed its hiking cycle of more than a year, economists say a rebound awaits the national housing market — but don't expect a big surge just yet.

24 days ago·Canada

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Benzinga

Households May Finally Be Adjusting to Higher Mortgage Rates - Federal National Mortgage (OTC:FNMA)

Survey Shows Greater Optimism Toward Homebuying and Home-Selling Conditions, Even as Pessimism Toward Rates Jumps WASHINGTON, April 8, 2024 The Fannie Mae (OTCQB:FNMA) Home Purchase Sentiment Index® (HPSI) decreased 0.9 points in March to 71.9, its first decline since November 2023, due primarily to increased pessimism about the direction of mortgage rates. Thirty-four percent of consumers now believe that mortgage rates will go up over the nex…

24 days ago·New York, United States

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Financial Post

Spring housing market surge unlikely as affordability, cost of living weigh on buyers

After five straight holds of the Bank of Canada's key interest rate that followed its hiking cycle of more than a year, economists say a rebound awaits the national housing market -- but don't expect a big surge just yet.

24 days ago·Canada

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The Epoch Times

Spring Housing Market Surge Unlikely as Affordability, Cost of Living Weigh on Buyers

After five straight holds of the Bank of Canada’s key interest rate that followed its hiking cycle of more than a year, economists say a rebound awaits the national housing market—but don’t expect a big surge just yet.

24 days ago·New York, United States

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Flin Flon Reminder

Spring housing market surge unlikely as affordability, cost of living weigh on buyers

24 days ago·Flin Flon, Canada

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Svenska Dagbladet

Housing prices soar - but no rally in sight.

The housing market has been revived. In March, prices rose by 1.8 percent, something that has only happened once in the past few years. However, don't expect a price rally, believe several actors.

23 days ago·Stockholm, Sweden

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Leaning Left4Leaning Right4Center7Last Updated23 days agoBias Distribution

47% Center

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46% Center

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Spring housing market surge unlikely as affordability, cost of living weigh on buyers

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Spring housing market surge unlikely as affordability, cost of living weigh on buyers

Spring housing market surge unlikely as affordability, cost of living weigh on buyers

Households May Finally Be Adjusting to Higher Mortgage Rates - Federal National Mortgage (OTC:FNMA)

Households May Finally Be Adjusting to Higher Mortgage Rates - Federal National Mortgage (OTC:FNMA)

Spring housing market surge unlikely as affordability, cost of living weigh on buyers

Spring housing market surge unlikely as affordability, cost of living weigh on buyers

Spring Housing Market Surge Unlikely as Affordability, Cost of Living Weigh on Buyers

Spring Housing Market Surge Unlikely as Affordability, Cost of Living Weigh on Buyers

Spring housing market surge unlikely as affordability, cost of living weigh on buyers

Spring housing market surge unlikely as affordability, cost of living weigh on buyers

Housing prices soar - but no rally in sight.

Housing prices soar - but no rally in sight.

Coverage Details

Bias Distribution

Ownership

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