How could the news impact the national housing market? ... More

Canada's rental housing shortage will quadruple to 120,000 units by 2026 without a significant boost in stock, Royal Bank of Canada said in a report Wednesday. ... More

It took some time, but mortgage rates are now responding to last week’s plunge in bond yields stemming from fears about systemic financial risk in the U.S. and Europe. ... More

Many Canadian homebuyers were sidelined after interest rates climbed to the highest level in more than a decade last year, but a new report found most individuals that postponed ... More

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were up on a month-over-month basis in February 2023. ... More

The latest data shows Canadians are spending 7.66% of their household disposable income on servicing their mortgage debt. ... More

Bond markets predicting interest rates to fall – and possibly very soon ... More

The central bank has left its policy rate untouched for the first time in over a year ... More

The Bank of Canada maintained its policy rate at 4.5 per cent, following eight consecutive rate hikes since March. ... More

Royal Bank of Canada (RBC) has published its report and outlook on the country’s housing market and sees the market downturn headed towards its conclusion. ... More

As home prices and interest rates remain elevated, a record number of non-homeowners think they’ll never afford a house, according to a new survey. ... More

February sales in the Greater Toronto Area (GTA) were down substantially from the pre-rate hike levels of early 2022. ... More

One year after the Bank of Canada's aggressive rate hike cycle began, economists widely expect the central bank will stick to its plan of holding its key interest rate steady ... More

The federal government's foreign buyer ban aimed at making housing more affordable for Canadians is creating uncertainty for real estate developers, forcing some to put ... More

Move over RRSP Home Buyers' Plan (HBP) - there's a new kid in town. The Tax-Free First Home Savings Account (FHSA) arrives on April 1st, 2023. ... More

Over 70% of CIBC’s variable-rate customers are seeing all of their mortgage payments go towards servicing interest costs. ... More

Despite a decline in general inflation, grocery prices have increased at double the rate of everything else. That could mean more rate hikes ahead. ... More

As it fights to regain the confidence it lost during the battle to control inflation last year, a Senate committee has demanded increased parliamentary supervision of the Bank of ... More

Canada’s explosive population growth from immigration is causing rents to surge in its biggest cities. ... More

Governor Tiff Macklem set an optimistic tone in a speech Thursday but kept it real with warnings about potential headwinds ... More

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down on a month-over-month basis in January 2023. ... More

One of the most prominent discussion points between brokers, agents and their clients, the fixed-versus-variable debate, took a significant swing in 2022 as a big trend of ... More

As Canada prepares to ramp up immigration levels, a new report says the country will need to build 50 per cent more housing than what's already being planned. ... More

The deficit of rental housing in the Greater Toronto Area is poised to double to 177,000 units over the next decade amid “record high immigration” and declining home ... More

A new report says Canada's housing market will see new listings fall in the first quarter before rebounding later in the year and then, slowing to a more modest growth pace in ... More

A recent dip in GoC bond yields has provided some welcome relief – but more twists and turns could be ahead ... More

Governor Tiff Macklem said the Bank of Canada needs to keep interest rates steady to avoid slowing the economy too much, defending his decision to pause hikes in remarks that were ... More

Investors made up between one-fifth and one-third of home purchases in 2020, according to new data from Statistics Canada. ... More

The deadline for Toronto homeowners to declare whether or not their property is occupied has been extended until the end of the month, Mayor John Tory has announced. ... More

As we moved from 2022 into 2023, the Greater Toronto Area (GTA) housing market unfolded as expected. The number of January sales and the overall average selling price were similar ... More