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Canada's housing market has more firepower than some economists had imagined heading into 2021 and its performance through the first half of the year has Canada's ... More

Canadian home prices are likely to grow by an average of 5% in the next half-year or so, but, surprisingly, the largest gains will not be in Toronto, nor in Vancouver, ... More

Housing affordability in Canada has declined the most in two years

Unconditional offers are poor choices and our courts have shown little empathy for failed purchasers, repeatedly holding that vendors have no obligation to accommodate ... More

If you’re like most Canadians, you’re more likely to tackle a home renovation than sell your current house and buy another or purchase an investment property.

The ongoing surge in home prices across the country is discouraging a large number of young non-homeowners, many of whom say they’re giving up on the dream of ... More

Real estate prices in many Canadian cities have climbed to all-time highs during the pandemic, so it should come as no surprise that some Canadians appear ready to give up on ... More

The aggregate price of a home in Canada increased 14.1 per cent year-over-year to $749,165 in the first quarter of 2021, as strong demand continues to outpace supply in ... More

In the pandemic-linked housing boom, average residential property values have become decoupled from average incomes over vast swathes of the country.

One in five Canadians are hoping for a significant fall in housing prices, a sign of the mounting frustration felt by many people looking to get into the country's hot ... More

The Bank of Canada is seeing “worrying” signs that some Canadians are taking on too much debt to buy into the nation’s hot housing market.

Long-term risks to the economy are being exacerbated by outsized demand, shrinking inventory

Sustained housing price increases still outpacing the recovery in fundamental factors, such as labour income, means Canada's national housing market remains moderately ... More

Mortgage credit grew in the fourth quarter of 2020 as Canadian consumers took steps to reduce all other forms of debt, according to new data from TransUnion.

Canada's pandemic-weary economy is poised to "take off like a rocket" in the latter part of 2021, says CIBC World Markets deputy chief economist Benjamin Tal. His ... More

The COVID-19 pandemic has pushed Canadians to accumulate the largest amount of cash ever recorded.

Slower borrowing might lead to less consumer spending that could further delay Canada's economic recovery

Instead of downsizing, the majority of Canada's seniors are planning to live in their own homes for as long as possible

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales set another record in September 2020.

Canada's federal banking regulator is phasing out requirements around mortgage deferrals for homeowners hard-hit financially by the COVID-19 pandemic. As of July 30, there ... More

The Bank of Canada is starting to worry about inflation. Not because it sees any, mind.

"A home equity tax would be unfair and hurtful to Canadians during the best of times, but at this very moment – during a global pandemic – it is ... More

The rate of residential investment to Canadian GDP has also swelled dramatically

Mortgage insurers are not signalling enthusiasm towards the extension of six-month payment deferrals, according to an analysis by The Financial Post.

Canadians spent an estimated $80 billion on renovations in 2019, and plan to take a bit of breather this year because of COVID-19.

The ratio of debt to disposable income peaked in 2017 at 178 per cent but it is currently just shy of that level.

COVID-19 has "for all intents and purposes shut down immigration."

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.

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

Happy First Day of Spring Everyone!