The Canadian Real Estate Association is cutting its forecast for home sales this year and lowering its expectations for price growth.
In its latest housing market outlook, the association says it expects 532,545 properties to trade hands via Canadian MLS systems this year, down 20 per cent from the 2021 annual record.
The national average home price is forecast to rise by 4.7 per cent to $720,255.
The outlook is down from CREA's forecast in June that predicted a 14.7 per cent decline in sales this year and a 10.8 per cent increase in the national average home price.
The updated forecast came as CREA says home sales in August were down one per cent compared with July and 24.7 per cent lower than August last year.
The national average home price was $637,673 in August, down 3.9 per cent from the same month last year.
This report by The Canadian Press was first published Sept. 15, 2022.
Amazon's paid subscription service provides free delivery for online shopping across Canada except for remote locations, the company said in an email. While customers in Iqaluit qualify for the offer, all other communities in Nunavut are excluded.
Dozens of Ontarians are expressing frustration in the province’s health-care system after their family doctors either dropped them as patients or threatened to after they sought urgent care elsewhere.
For decades, North Bay, Ontario's water supply has harboured chemicals associated with liver and developmental issues, cancer and complications with pregnancy. It's far from the only city with that problem.
Multiple people at the protest camp torn down at the University of Alberta campus Saturday say police's actions against protesters were "violent" and "disproportionate."
The rolling hills leading to the hamlet of Rosebud are dotted with sprawling farms and cattle pastures -- and a sign sporting a simple message: No Race Track.
When West Virginia Republicans vote in Tuesday's primary, they will have a hard time finding a major candidate on the ballot in any statewide race who openly acknowledges that U.S. President Joe Biden won the 2020 election.
Two daughters and a mother were reunited online 40 years later thanks to a DNA kit and a Zoom connection despite living on three separate continents and speaking different languages.
A man who tried to access Drake’s Bridle Path mansion earlier this week returned to the property Saturday and was apprehended again for allegedly trespassing, Toronto police say.
Mother's Day can be a difficult occasion for those who have lost or are estranged from their mom.
Amazon's paid subscription service provides free delivery for online shopping across Canada except for remote locations, the company said in an email. While customers in Iqaluit qualify for the offer, all other communities in Nunavut are excluded.
A personal experience has turned into one of Ottawa's biggest fund raisers to get the conversation going to remove the stigma of mental health in our community.
Two daughters and a mother were reunited online 40 years later thanks to a DNA kit and a Zoom connection despite living on three separate continents and speaking different languages.
Ontario Provincial Police are facing tough questions about their search for a missing Newfoundland trucker whose rig was found two weeks ago in Ontario, then sent back to Newfoundland, where his body was found Monday in the trailer.
Multiple people at the protest camp torn down at the University of Alberta campus Saturday say police's actions against protesters were "violent" and "disproportionate."
Mother's Day can be a difficult occasion for those who have lost or are estranged from their mom.
Heavy rains and torrents of cold lava and mud flowing down a volcano's slopes on Indonesia’s Sumatra island triggered flash floods that killed at least 37 people and more than a dozen others were missing, officials said Sunday.
When two U.S. fighter jets recently faced off in a dogfight in California, only one was piloted by a human.
He once said he would take a bullet for Donald Trump. Now Michael Cohen is prosecutors' biggest piece of legal ammunition in the former president's hush money trial.
Past left-leaning presidents who enacted some of the most socially liberal policies on the continent have given way to a self-proclaimed "anarcho-capitalist" whose fiery appraisals of social justice and efforts to dismantle diversity and equity programs have made him into a global far-right icon.
When West Virginia Republicans vote in Tuesday's primary, they will have a hard time finding a major candidate on the ballot in any statewide race who openly acknowledges that U.S. President Joe Biden won the 2020 election.
The UN food agency estimated that unusually heavy seasonal rains in Afghanistan have left more than 300 people dead and thousands of houses destroyed, most of them in the northern province of Baghlan, which bore the brunt of the deluges Friday.
Amid significant criticism from advocates, Diversity, Inclusion and Persons with Disabilities Minister Kamal Khera is defending her government's long-promised, newly unveiled Canada Disability Benefit, calling the funds an "initial step," but without laying out a timeline for future expansion of the program.
RCMP commissioner Mike Duheme says he wants the government to look at drafting a new law that would make it easier for police to pursue charges against people who threaten elected officials.
Justin Trudeau says Meta is making billions off people, but taking no responsibility for the well-being of communities they profit from.
For decades, North Bay, Ontario's water supply has harboured chemicals associated with liver and developmental issues, cancer and complications with pregnancy. It's far from the only city with that problem.
Dozens of Ontarians are expressing frustration in the province’s health-care system after their family doctors either dropped them as patients or threatened to after they sought urgent care elsewhere.
When you're picking something up from the floor or bending over to tie your shoe laces, you're performing "the hinge move," according to movement trainers.
Justin Trudeau says Meta is making billions off people, but taking no responsibility for the well-being of communities they profit from.
A swarm of roughly 20,000 bees gathered around a woman’s car in the parking lot of Burlington Centre.
A man who was bitten by two sharks in the Bahamas said Thursday he's 'thankful that I'm here' while sharing his story of survival.
Swiss Eurovision fans were getting ready Sunday to give a hero's welcome to singer Nemo, who won the 68th Eurovision Song Contest with "The Code," an operatic pop-rap ode to the singer’s journey toward embracing a nongender identity.
This Mother's Day Weekend, take a look at some of the most emotional movies inspired by moms.
A Newfoundlander's lifelong love of cartooning has helped forge Heavy Sweater Comics, the province's newest dedicated comic book publisher.
With carriers' flight volumes above the 60th parallel hovering below pre-pandemic levels, Canadian North’s first Inuk CEO now bears the task of balancing those financial and logistical challenges with the needs of communities for which she feels a deep affinity.
Average hourly wages among Canadian employees rose to $34.95 on a year-over-year basis in April, a 4.7 per cent increase, according to a Statistics Canada report released Friday morning.
The Ontario government says it will be supporting Ontario Power Generation's plan to refurbish the R. H. Saunders Generating Station on the St. Lawrence River.
Irresponsibly using a credit card can land you in financial trouble, but personal finance columnist Christopher Liew says when used properly, it can be a powerful wealth-building tool that can help grow your credit profile and create new opportunities.
When it comes to gardening, a lot of questions come up, including the best way to keep pets away from plants, maintaining your lawn and keeping the dandelions at bay.
Pregnancy is often an exciting and anxious time for parents-to-be. And while painting the nursery and choosing a stroller are typically on the agenda, experts say preparing financially for a maternity leave can help reduce stress later on as well.
Vladimir Guerrero Jr. went 4 for 5 with three RBIs, a run, and a stolen base as the Toronto Blue Jays rallied past the Minnesota Twins 10-8 on Saturday.
Despite the threat of dislocated fingers and strained muscles, over 150 Bavarian men came together Sunday to compete in Germany’s unique national championship of “Fingerhakeln,” or finger wrestling.
'Messi Mania' finally flocked north of the border this weekend, as Inter Miami CF erased a two-goal deficit to edge CF Montreal 3-2 in the Argentine superstar's professional debut in Canada.
Tesla will spend more than US$500 million to expand its fast-charging network, CEO Elon Musk said on Friday, days after abruptly laying off employees who were running the business.
Just as she had feared, a restaurant owner from eastern Quebec who visited Montreal had her SUV stolen, but says it was all thanks to the kindness of strangers on the internet — not the police — that she got it back.
If you're cruising down a highway and realize you have a flat tire, you may want to think twice before stopping to fix it on the side of the road.
A family of fifth generation farmers from Ituna, Sask. are trying to find answers after discovering several strange objects lying on their land.
A Listowel, Ont. man, drafted by the Hamilton Tigercats last week, is also getting looks from the NFL, despite only playing 27 games of football in his life.
The threat of zebra mussels has prompted the federal government to temporarily ban watercraft from a Manitoba lake popular with tourists.
A small Ajax dessert shop that recently received a glowing review from celebrity food critic Keith Lee is being forced to move after a zoning complaint was made following the social media influencer’s visit last month.
The Canada Science and Technology Museum is inviting visitors to explore their poop. A new exhibition opens at the Ottawa museum on Friday called, 'Oh Crap! Rethinking human waste.'
The Regina Police Service says it is the first in Saskatchewan and possibly Canada to implement new technology in its detention facility that will offer real-time monitoring of detainees’ vital health metrics.
Just as she had feared, a restaurant owner from eastern Quebec who visited Montreal had her SUV stolen, but says it was all thanks to the kindness of strangers on the internet — not the police — that she got it back.
The stakes have been set for a bet between Vancouver and Edmonton's mayors on who will win Round 2 of the Stanley Cup playoffs.
A grieving mother is hosting a helmet drive in the hopes of protecting children on Manitoba First Nations from a similar tragedy that killed her daughter.
Homicide investigators in B.C. say murder charges have been laid against a fourth Indian national in connection to the killing of Sikh activist Hardeep Singh Nijjar outside a Surrey gurdwara last year.
The wildfire that prompted the evacuation of more than 3,000 people near Fort Nelson, B.C., was caused by a tree falling on wires, according to the municipality's mayor.
Police in New Westminster say they have seized “numerous” weapons and kilograms of drugs as part of an investigation into drug trafficking in the city that began in 2022.
Dozens of Ontarians are expressing frustration in the province’s health-care system after their family doctors either dropped them as patients or threatened to after they sought urgent care elsewhere.
A man has been transported to hospital with life-threatening injuries following a suspected attack in downtown Toronto on Sunday afternoon.
Mother's Day can be a difficult occasion for those who have lost or are estranged from their mom.
One person has died in a collision along Stoney Trail and McKnight Boulevard Northeast.
Wildfires raging in northern Alberta prompted the mayor of one the province's largest municipalities to give his community a pep talk Saturday.
'Messi Mania' finally flocked north of the border this weekend, as Inter Miami CF erased a two-goal deficit to edge CF Montreal 3-2 in the Argentine superstar's professional debut in Canada.
A personal experience has turned into one of Ottawa's biggest fund raisers to get the conversation going to remove the stigma of mental health in our community.
An Ottawa pizzeria is being recognized as one of the top 20 deep-dish pizzas in the world.
Though it feels warm outside, it's going to be cloudy and rainy this Sunday in Ottawa.
Two daughters and a mother were reunited online 40 years later thanks to a DNA kit and a Zoom connection despite living on three separate continents and speaking different languages.
Montreal police (SPVM) are investigating a suspicious death in the Plateau-Mont-Royal borough after a man's body was discovered on Sunday morning.
'Messi Mania' finally flocked north of the border this weekend, as Inter Miami CF erased a two-goal deficit to edge CF Montreal 3-2 in the Argentine superstar's professional debut in Canada.
Wildfires raging in northern Alberta prompted the mayor of one the province's largest municipalities to give his community a pep talk Saturday.
Multiple people at the protest camp torn down at the University of Alberta campus Saturday say police's actions against protesters were "violent" and "disproportionate."
'Messi Mania' finally flocked north of the border this weekend, as Inter Miami CF erased a two-goal deficit to edge CF Montreal 3-2 in the Argentine superstar's professional debut in Canada.
Firefighters are responding to a major structure fire in Bathurst, N.B.
Kings District RCMP is investigating after a collision in Wolfville Ridge, N.S., left one man dead on Saturday.
RCMP in Halifax are investigating a serious single-vehicle crash in Bedford early Sunday morning.
People living in southern Manitoba should be on the lookout for severe thunderstorms Saturday evening.
Several community groups who work with the city’s vulnerable populations gathered downtown on Saturday for an event to celebrate the impact of their work on Winnipeg.
Some homes and cottages north of Flin Flon, Man. are under an evacuation order because of a growing wildfire caused by drought conditions and high winds.
The 8th annual Nagar Kirtan Parade packed the streets of Regina on Saturday, bringing the Regina Sikh community and people from surrounding areas together.
As a geomagnetic solar storm swept through Earth on Friday, people in southern Saskatchewan were able to experience a rare display of northern lights.
Prince Albert singer Rebecca Strong is on the cusp of achieving a dream on Canada’s Got Talent as she stands among the final eight contestants.
Waterloo regional police say no one was hurt during a daylight shooting in Kitchener.
Dozens of Ontarians are expressing frustration in the province’s health-care system after their family doctors either dropped them as patients or threatened to after they sought urgent care elsewhere.
A Stratford man is charged with attacking a driver in Waterloo.
Mitchinson Flight Centre in Saskatoon helped girls soar on Saturday with their annual "Girls Take Flight" event.
Prince Albert singer Rebecca Strong is on the cusp of achieving a dream on Canada’s Got Talent as she stands among the final eight contestants.
As a geomagnetic solar storm swept through Earth on Friday, people in southern Saskatchewan were able to experience a rare display of northern lights.
Dozens of Ontarians are expressing frustration in the province’s health-care system after their family doctors either dropped them as patients or threatened to after they sought urgent care elsewhere.
There were some scary moments for several people on a northern Ontario highway caught on video Thursday after a chain reaction following a truck fire.
Amid significant criticism from advocates, Diversity, Inclusion and Persons with Disabilities Minister Kamal Khera is defending her government's long-promised, newly unveiled Canada Disability Benefit, calling the funds an "initial step," but without laying out a timeline for future expansion of the program.
No injuries were reported after a garage fire spread into a vehicle early Sunday morning in the city’s east end.
It’s been an offensive clinic by the London Knights through the first two games of the OHL Championship Series. A 9-1 win over the Oshawa Generals Saturday night at Budweiser Gardens followed up an impressive 8-1 win Thursday as London has taken a 2-0 series lead.
Citing 'insufficient staffing,' the emergency department at Durham’s hospital will be closed on Sunday.
Sunday is Mother's Day, and there are plenty of ways to celebrate the special occasion in Barrie with Mom.
Family, friends, colleagues and strangers set off on a fundraising run on Saturday, marked by the memory of a man killed in the line of duty.
One person is dead after a two-vehicle crash in Innisfil Saturday morning.
No charges will be laid against the driver of a pickup truck after a woman ran across the road and was struck by the vehicle in Chatham over the weekend.
Whether you’re going out to a special brunch, you’re visiting mom at her house for a casual visit or you plan to get outside and enjoy the outdoors, Windsor’s Mother’s Day weather forecast will be filled with sunshine.
The most powerful geomagnetic storm in the past 20 years resulted in some awe-inspiring images captured by people all across Windsor-Essex.
Like skywatchers across Canada, B.C. residents were treated to a dazzling display late Friday night and early Saturday morning.
Homicide investigators in B.C. say murder charges have been laid against a fourth Indian national in connection to the killing of Sikh activist Hardeep Singh Nijjar outside a Surrey gurdwara last year.
The wildfire that prompted the evacuation of more than 3,000 people near Fort Nelson, B.C., was caused by a tree falling on wires, according to the municipality's mayor.
A suspect is at large after robbing a convenience store at gunpoint in Merritt, B.C., Friday, according to local police.
After four targeted shootings in four days, Mounties in Kamloops are taking the unusual step of warning the public about two men they believe are likely to be targeted in future violent incidents.
Images of steelhead and trout flicker over long sheets of paper, brought to life in blue and green crayon rubbings by the thousands.
Thousands of messages were sent between a teenage girl in the U.S. and an Alberta man posing as a young boy, a police investigation has revealed.
After a dry winter, southern Alberta farmers were expecting it to be another tough growing season.
Rural crime is on the decline, the RCMP said in a media statement released by the Southern Alberta District (SAD) late Wednesday afternoon.
This past week, it was all about mining safety and rescue as some of the best-of-the-best put it all on the line to compete in Ontario Mine Rescue District Competition.
The city of Elliot Lake’s arena woes are turning out to be a costly problem. The latest report that will be going before council on Monday puts the quote for repairs at $4.3 million.
The Office of the Ontario Fire Marshall has concluded its report into a fire that caused millions in damages to a property along Charles Walk in Elliot Lake back last year.
Police in Newfoundland say patrol officers were assaulted Thursday by a "very irate male" wielding a block of cheese.
Health officials say there is an outbreak of whooping cough in eastern Newfoundland.
Ontario Provincial Police are facing tough questions about their search for a missing Newfoundland trucker whose rig was found two weeks ago in Ontario, then sent back to Newfoundland, where his body was found Monday in the trailer.
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