I know how important it is to stay informed about the housing market, especially when you're considering your next big move. Recently, Canadian home sales dipped about 1% from the previous month and nearly 7% compared to last year, reflecting the impact of ongoing economic uncertainty and higher mortgage costs. Prices held steady month-over-month in mid-Q3, but were down about 3% year-over-year. Interestingly, we saw a slight rebound in new listings—up around 3% after months of decline—which means buyers may have a bit more choice right now. The sales-to-new-listings ratio eased to roughly 49%, lower than the long-term average of 55% across Canada, which tells us the market is shifting. With inflation risks and rising fixed mortgage rates due to higher bond yields, there’s a lot for buyers and sellers to consider. At that time, the chance of an early Q4 rate hike was priced in at around 60%, with more tightening expected by 2027. If you're feeling uncertain about what these changes might mean for your next step, know that my focus is always on making your experience as smooth and stress-free as possible—your goals are my priority.
Author: John Braconnier
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Canadian Home Sales Slide 6.9% Yearly | Your Go To Realtor for Edmonton & Area!
I know how important it is to stay informed about the housing market, especially when you're considering your next big move. Recently, Canadian home sales dipped about 1% from the previous month and nearly 7% compared to last year, reflecting the impact of ongoing economic uncertainty and higher mortgage costs. Prices held steady month-over-month in mid-Q3, but were down about 3% year-over-year. Interestingly, we saw a slight rebound in new listings—up around 3% after months of decline—which means buyers may have a bit more choice right now. The sales-to-new-listings ratio eased to roughly 49%, lower than the long-term average of 55% across Canada, which tells us the market is shifting. With inflation risks and rising fixed mortgage rates due to higher bond yields, there’s a lot for buyers and sellers to consider. At that time, the chance of an early Q4 rate hike was priced in at around 60%, with more tightening expected by 2027. If you're feeling uncertain about what these changes might mean for your next step, know that my focus is always on making your experience as smooth and stress-free as possible—your goals are my priority.
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Canadian Home Sales Slide 6.9% Yearly | Your Go To Realtor for Edmonton & Area!
I know how important it is to stay informed about the housing market, especially when you're considering your next big move. Recently, Canadian home sales dipped about 1% from the previous month and nearly 7% compared to last year, reflecting the impact of ongoing economic uncertainty and higher mortgage costs. Prices held steady month-over-month in mid-Q3, but were down about 3% year-over-year. Interestingly, we saw a slight rebound in new listings—up around 3% after months of decline—which means buyers may have a bit more choice right now. The sales-to-new-listings ratio eased to roughly 49%, lower than the long-term average of 55% across Canada, which tells us the market is shifting. With inflation risks and rising fixed mortgage rates due to higher bond yields, there’s a lot for buyers and sellers to consider. At that time, the chance of an early Q4 rate hike was priced in at around 60%, with more tightening expected by 2027. If you're feeling uncertain about what these changes might mean for your next step, know that my focus is always on making your experience as smooth and stress-free as possible—your goals are my priority.
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Canadian Home Sales Slide 6.9% Yearly | Your Go To Realtor for Edmonton & Area!
I know how important it is to stay informed about the housing market, especially when you're considering your next big move. Recently, Canadian home sales dipped about 1% from the previous month and nearly 7% compared to last year, reflecting the impact of ongoing economic uncertainty and higher mortgage costs. Prices held steady month-over-month in mid-Q3, but were down about 3% year-over-year. Interestingly, we saw a slight rebound in new listings—up around 3% after months of decline—which means buyers may have a bit more choice right now. The sales-to-new-listings ratio eased to roughly 49%, lower than the long-term average of 55% across Canada, which tells us the market is shifting. With inflation risks and rising fixed mortgage rates due to higher bond yields, there’s a lot for buyers and sellers to consider. At that time, the chance of an early Q4 rate hike was priced in at around 60%, with more tightening expected by 2027. If you're feeling uncertain about what these changes might mean for your next step, know that my focus is always on making your experience as smooth and stress-free as possible—your goals are my priority.
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Canadian Home Sales Slide 6.9% Yearly | Your Go To Realtor for Edmonton & Area!
I know how important it is to stay informed about the housing market, especially when you're considering your next big move. Recently, Canadian home sales dipped about 1% from the previous month and nearly 7% compared to last year, reflecting the impact of ongoing economic uncertainty and higher mortgage costs. Prices held steady month-over-month in mid-Q3, but were down about 3% year-over-year. Interestingly, we saw a slight rebound in new listings—up around 3% after months of decline—which means buyers may have a bit more choice right now. The sales-to-new-listings ratio eased to roughly 49%, lower than the long-term average of 55% across Canada, which tells us the market is shifting. With inflation risks and rising fixed mortgage rates due to higher bond yields, there’s a lot for buyers and sellers to consider. At that time, the chance of an early Q4 rate hike was priced in at around 60%, with more tightening expected by 2027. If you're feeling uncertain about what these changes might mean for your next step, know that my focus is always on making your experience as smooth and stress-free as possible—your goals are my priority.
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Canadian Home Sales Slide 6.9% Yearly | Your Go To Realtor for Edmonton & Area!
I know how important it is to stay informed about the housing market, especially when you're considering your next big move. Recently, Canadian home sales dipped about 1% from the previous month and nearly 7% compared to last year, reflecting the impact of ongoing economic uncertainty and higher mortgage costs. Prices held steady month-over-month in mid-Q3, but were down about 3% year-over-year. Interestingly, we saw a slight rebound in new listings—up around 3% after months of decline—which means buyers may have a bit more choice right now. The sales-to-new-listings ratio eased to roughly 49%, lower than the long-term average of 55% across Canada, which tells us the market is shifting. With inflation risks and rising fixed mortgage rates due to higher bond yields, there’s a lot for buyers and sellers to consider. At that time, the chance of an early Q4 rate hike was priced in at around 60%, with more tightening expected by 2027. If you're feeling uncertain about what these changes might mean for your next step, know that my focus is always on making your experience as smooth and stress-free as possible—your goals are my priority.
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Canadian Home Sales Slide 6.9% Yearly | Your Go To Realtor for Edmonton & Area!
I know how important it is to stay informed about the housing market, especially when you're considering your next big move. Recently, Canadian home sales dipped about 1% from the previous month and nearly 7% compared to last year, reflecting the impact of ongoing economic uncertainty and higher mortgage costs. Prices held steady month-over-month in mid-Q3, but were down about 3% year-over-year. Interestingly, we saw a slight rebound in new listings—up around 3% after months of decline—which means buyers may have a bit more choice right now. The sales-to-new-listings ratio eased to roughly 49%, lower than the long-term average of 55% across Canada, which tells us the market is shifting. With inflation risks and rising fixed mortgage rates due to higher bond yields, there’s a lot for buyers and sellers to consider. At that time, the chance of an early Q4 rate hike was priced in at around 60%, with more tightening expected by 2027. If you're feeling uncertain about what these changes might mean for your next step, know that my focus is always on making your experience as smooth and stress-free as possible—your goals are my priority.
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Canadian Home Sales Slide 6.9% Yearly | Your Go To Realtor for Edmonton & Area!
I know how important it is to stay informed about the housing market, especially when you're considering your next big move. Recently, Canadian home sales dipped about 1% from the previous month and nearly 7% compared to last year, reflecting the impact of ongoing economic uncertainty and higher mortgage costs. Prices held steady month-over-month in mid-Q3, but were down about 3% year-over-year. Interestingly, we saw a slight rebound in new listings—up around 3% after months of decline—which means buyers may have a bit more choice right now. The sales-to-new-listings ratio eased to roughly 49%, lower than the long-term average of 55% across Canada, which tells us the market is shifting. With inflation risks and rising fixed mortgage rates due to higher bond yields, there’s a lot for buyers and sellers to consider. At that time, the chance of an early Q4 rate hike was priced in at around 60%, with more tightening expected by 2027. If you're feeling uncertain about what these changes might mean for your next step, know that my focus is always on making your experience as smooth and stress-free as possible—your goals are my priority.
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Canadian Home Sales Slide 6.9% Yearly | Your Go To Realtor for Edmonton & Area!
I know how important it is to stay informed about the housing market, especially when you're considering your next big move. Recently, Canadian home sales dipped about 1% from the previous month and nearly 7% compared to last year, reflecting the impact of ongoing economic uncertainty and higher mortgage costs. Prices held steady month-over-month in mid-Q3, but were down about 3% year-over-year. Interestingly, we saw a slight rebound in new listings—up around 3% after months of decline—which means buyers may have a bit more choice right now. The sales-to-new-listings ratio eased to roughly 49%, lower than the long-term average of 55% across Canada, which tells us the market is shifting. With inflation risks and rising fixed mortgage rates due to higher bond yields, there’s a lot for buyers and sellers to consider. At that time, the chance of an early Q4 rate hike was priced in at around 60%, with more tightening expected by 2027. If you're feeling uncertain about what these changes might mean for your next step, know that my focus is always on making your experience as smooth and stress-free as possible—your goals are my priority.
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Canadian Home Sales Slide 6.9% Yearly | Your Go To Realtor for Edmonton & Area!
I know how important it is to stay informed about the housing market, especially when you're considering your next big move. Recently, Canadian home sales dipped about 1% from the previous month and nearly 7% compared to last year, reflecting the impact of ongoing economic uncertainty and higher mortgage costs. Prices held steady month-over-month in mid-Q3, but were down about 3% year-over-year. Interestingly, we saw a slight rebound in new listings—up around 3% after months of decline—which means buyers may have a bit more choice right now. The sales-to-new-listings ratio eased to roughly 49%, lower than the long-term average of 55% across Canada, which tells us the market is shifting. With inflation risks and rising fixed mortgage rates due to higher bond yields, there’s a lot for buyers and sellers to consider. At that time, the chance of an early Q4 rate hike was priced in at around 60%, with more tightening expected by 2027. If you're feeling uncertain about what these changes might mean for your next step, know that my focus is always on making your experience as smooth and stress-free as possible—your goals are my priority.