While house prices and activity continue to rise in Toronto, Vancouver and Hamilton there is concern over a slowing pace in many other markets. A client note from the National Bank Financial economists Marc Pinsonneault and Krishen Rangasamy they say that there are “now two housing markets in Canada” with data from the Teranet-National Bank HPI showing stagnation and decline in prices in many markets.
The economists say that the overall rise in prices nationally for the past year was 5.6 per cent but that is skewed by near-10 per cent rises in the three hottest markets. The number of metros with rising prices is the lowest for six years though. “The widely anticipated moderation in Canadian real estate seems to have arrived” the economists wrote.
MBN
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About Me

- Jackie Goodlet, Broker
- GTA, Ontario, Canada
- A New Sales Record Has Been Achieved By The Jackie Goodlet Team Who Work Out Of The Whitby Office And Specializes In High End Resale And New Home Sales. According To Broker Dave Pearce The Jackie Goodlet Team Wrote More Transactions Than Anyone Else In The 30 Year History Of Our Firm. Their 255 Transactions Had A Total Volume Of More Than $185,000,000 (185 Million). With Over 25 Years Experience In The Business The Jackie Goodlet Team Has Acquired A Wealth Of Knowledge In All Areas Of Real Estate Including Resale, New Builds, Cottages, Lease, Condos, Vacant Land, Investment And Commercial Properties. With Exceptional Negotiating Skills We Are Confident We Can Save You Time And Money On All Your Real Estate Endeavours. We Look Forward To Hearing From You And Your Referrals Are Always Welcome And Rewarded!
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