2/2/2023 | Posted in Home Owners by
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As Canadian homeowners grapple with the Bank of Canada's flurry of interest rate hikes, one in three say they won't be able to handle higher rates for long before they ... More

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  1/30/2023 | Posted in Canadian Economy and Housing Market by
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But the Bank of Canada has a tricky balancing act that cannot decimate real estate.

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  1/19/2023 | Posted in Home Owners by
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An increasing number of Canadians appear to be tapping into their homes for extra cash.

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  1/14/2023 | Posted in Canadian Housing Market by
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Home prices in Canada likely won't drop much further due to the country's ongoing shortage of new homes, even as rising interest rates curb some demand in the market, ... More

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  1/13/2023 | Posted in Canadian Housing Market by
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National aggregate home price posts single-digit year-over-year decline in Q4 over 2021; double-digit growth compared to 2020 and 2019

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  1/3/2023 | Posted in Mortgages and Real Estate by
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Despite a strong start to the year, real estate in 2022 was largely defined by a lack of affordability, spurred by one of the most polarizing interest rate hike cycles in Bank ... More

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  12/19/2022 | Posted in Rental Market by
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The cost of rent in Canada has been on an uptrend since the pandemic, and in November reached an average of $2,024. That’s a 12% jump since last year and up 2.5% since ... More

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  12/15/2022 | Posted in Home Buyers by
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Canada's banking regulator confirmed today it will leave the mortgage stress test for uninsured mortgages unchanged.

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  12/15/2022 | Posted in Canadian Housing Market by
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down on a month-over-month basis in November 2022.

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  12/7/2022 | Posted in Rental Market by
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Royal Bank of Canada economists say the country has reached a record number of renters as the number of people renting has increased at three times the rate of homeowners in ... More

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  12/4/2022 | Posted in Canadian Economy and Interest Rates by
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The Bank of Canada is expected to increase interest rates once more this week, capping off a tumultuous year for the central bank.

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  11/22/2022 | Posted in Rental Market by
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Having already surpassed pre-pandemic levels, the average rent in Canada continued to rise in October.

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  11/15/2022 | Posted in Canadian Housing Market by
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales edged a little higher in October 2022.

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  11/3/2022 | Posted in Canadian Economy and Interest Rates by
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The Bank of Canada is almost done with its current series of rate hikes, but consumers should brace for higher borrowing costs before the end, according to central bank ... More

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  10/14/2022 | Posted in Canada Living by
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Many economists say a mild recession is on the cards as they look ahead to 2023.

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  10/14/2022 | Posted in Canadian Housing Market by
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down in September 2022.

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Real Estate & Mortgage News

  9/30/2022 | Posted in Canada Living by
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Personal finances of millions of Canadians are worsening, and more people are concerned about their high levels of debt

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  9/22/2022 | Posted in Canadian Housing Market by
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10 million households own their home, while 5 million rent. But the gap is narrowing.

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  8/19/2022 | Posted in Canadian Housing Market by
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Immigration and shrinking household size will support Canada’s property market through the current correction according to a new report from RBC Economics.

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Real Estate & Mortgage News

  8/16/2022 | Posted in Canadian Housing Market by
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Canada Mortgage and Housing Corp. says the annual pace of housing starts in July edged higher compared with June despite a slowdown in urban starts.

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Real Estate & Mortgage News

  8/9/2022 | Posted in Canadian Economy and Interest Rates by
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A massive rate jump at the central bank’s meeting next month is a near certainty, economists say

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Real Estate & Mortgage News

  8/8/2022 | Posted in Canadian Economy and Housing Market by
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Expand the Bank of Canada mandate, for starters

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Real Estate & Mortgage News

  7/12/2022 | Posted in Canadian Housing Market Predictions by
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CMHC revises down home price forecast over next two years to adjust for interest rate spike.

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Real Estate & Mortgage News

  6/17/2022 | Posted in Mortgages and Real Estate by
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Experts say extending the amortization period for your mortgage could keep your monthly payments in check even as you face higher interest rates, but caution that doing so ... More

Real Estate & Mortgage News

  6/15/2022 | Posted in Canadian Housing Market by
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down in May 2022.

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Real Estate & Mortgage News

  6/14/2022 | Posted in Interest Rates by
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Bond yields surged to a fresh 14-year high this week, driving expectations that fixed rates are likely to continue rising.

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Real Estate & Mortgage News

  6/14/2022 | Posted in Canadian Economy and Housing Market by
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Statistics Canada says the amount Canadians owe relative to their income pulled back in the first quarter from the record level set in the fourth quarter of 2021 as incomes ... More

Real Estate & Mortgage News

  5/3/2020 | Posted in Canada Living by
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Canada is officially in a recession that's been caused by the COVID-19 pandemic, the C.D. Howe Institute's Business Cycle Council declared Friday.

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Real Estate & Mortgage News

  4/21/2020 | Posted in Canadian Economy and Housing Market by
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Rising unemployment and high debt is expected to boost mortgage loan delinquencies in Canada, though experts say it won’t play out like the U.S. subprime mortgage crisis ... More

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