The association said Friday it anticipates a gradual rebound in the national housing market, with 472,395 properties forecast to trade hands this year to mark a 6.1 per cent increase from 2023 — down from its forecast in April of a 10.5 per cent gain.On a year-over-year basis, the number of homes that changed hands in the month fell 9.4 per cent, reflecting stronger activity in spring 2023. But CREA said sales ticked up 3.7 per cent on a month-over-month basis.
The Bank of Canada began its rate-lowering process with a June 5 cut that brought its key interest rate down to 4.75 per cent from five per cent. "I think if they're significant enough, we could see a bit of a surge in activity by mid-to-late Q4," said Lusink, adding he would be "surprised if we didn't see rate cuts throughout the remainder of the year."
A truck driver found a 1-year-old alive in a ditch off an interstate highway in Louisiana this week, a day after the boy’s 4-year-old brother was found dead near the same freeway in what investigators think was a case of abandonment around the time tropical storm conditions hit the area, authorities said.One person in hospital after falling from swing ride at Canada's WonderlandBen Affleck and Jennifer Lopez have added a tiny bit of fuel to the fire surrounding their marriage.
A truck driver found a 1-year-old alive in a ditch off an interstate highway in Louisiana this week, a day after the boy’s 4-year-old brother was found dead near the same freeway in what investigators think was a case of abandonment around the time tropical storm conditions hit the area, authorities said.Actor Ashley Judd is adding her voice to calls for U.S.
Buckingham Palace’s famous balcony room, where the monarch and other members of the Royal Family gather on special occasions before waving at cheering crowds in the streets below, is opening to the public for the first time.TikTok star Bella "Bella Brave" Thomson, who has shared her medical journey with millions, is once again receiving the public's support after developing a serious infection in her lungs.
A Kelowna, B.C., man says he's always liked gnomes because they have a 'bit of mystery' to them. And he recently got a taste of that whimsy when his garden gnomes disappeared, and came back to him in a peculiar fashion.Little free Blockbuster set up in WinnipegSome say a photograph is simply a memory frozen in time – and a high school graduation photo taken in Churchill, Man. takes that adage to a completely new level.
Nova Scotia RCMP say a boat containing the bodies of two people believed to be from British Columbia washed ashore the Sable Island National Park Reserve earlier this week.Less than two weeks before the anniversary of last year’s deadly flash flooding in parts of Nova Scotia, residents in some of those same counties have once again experienced heavy rainfall and flash flooding.
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