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The seasonally adjusted annual rate increased to 229,737 units whereas economists had been expecting 216,600

Male hand with pen on the investment chart with calculator and canadian dollars

Toronto and Vancouver increasingly vulnerable to a correction

  • January 24, 2018 January 24, 2018
  • 14:20

Interest rate hike, new mortgage rules may trigger real estate market slowdown

The median price of a condo grew faster than any other housing type studied, Royal LePage says

The decline came as the annual pace of urban starts fell 15.1% during the month

Average selling price up 12%

Canadians prioritizing home renovations over savings

Foreign buyers accounted for 1.9% of sales in the three months ended Nov. 17, down from 3.2% the previous three months

Lower sales forecast will cost economy $1 billion in lost economic activity, association says

The six-month trend has reached its highest level in years

In Vancouver, the annual pace of housing starts nearly doubled