Canadian Housing & Mortgage Market Update | October 2022 –

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November 9, 2022

Canadian Housing & Mortgage Market Update | October 2022

Q4 Regional Reviews & October National Review

As a member of the Mortgage Professionals of Canada, Distinctive Real Estate Advisors Inc. is pleased to share this month’s report on key market findings and analytics. We hope you enjoy the October national report: The Bank of Canada signals more rate hikes to come.

READ THIS MONTHS REVIEW

CLICK ON THE INDIVIDUAL ICONS FOR ACCESS TO REGIONAL REPORTS

Alberta
Home sales and prices slide in the third quarter.

Atlantic Canada
Despite decline in sales, housing markets remain very tight

British Columbia
Affordability pressures are weighing on home sales

Manitoba
Rising rates are weighing on housing demand

Ontario
Rising rates continue to weigh on housing demand

Quebec
Homebuyers wrestle with rising rates and deteriorating affordability

Saskatchewan
The province’s housing markets are coming under pressure

We’d welcome an opportunity to discuss this Canadian Housing and Mortgage Market Review, Q4 Regional Reviews and October 2022 National Review.We’d love to hear from you, so if you have any questions about our services, please contact our team.

 

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