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The Bank of Canada's June and July interest rate increases essentially put a stop to the housing market’s recovery, says analyst.

Many Canadian homebuyers waiting patiently for construction to finish on their pre-sale unit are being met with cancellation notices from developers. The building environment ... More

The plan might help safeguard the stability of the financial system - but could also see mortgage costs rise.

Fixed mortgage rates are once again on the rise, with rates under 5% quickly becoming a distant memory.

Condo developers in Ontario looking to sell units to millennials and first-time home buyers could be barking up the wrong tree, according to a new survey from OREA.

Genworth Canada’s 2019 First-Time Homeownership Study provides a snapshot of the demographics of Canada’s first-time homebuyers (FTBs), what’s motivating them ... More

The Office of the Superintendent of Financial Institutions (OSFI) has announced that it is considering a new benchmark rate to determine the minimum qualifying rate for ... More

Mortgage stress test forces homebuyers further outside GTA to find house they can afford.

Two city councillors are pushing for a rethink of Toronto's municipal land transfer tax rebate for first-time home buyers, suggesting the cap should be increased to match ... More

Millions of Canadian millennials feel they may never be able to follow previous generations into homeownership according to a new survey.

Some fresh information on the status of the First-Time Home Buyer Incentive (FTHBI) and a possible increase on the $1M cap for insured ... More

This demographic is likely to account for nearly 700,000 home sales over the next five years.

In an election announcement on Thursday, Liberal Party Leader Justin Trudeau promised to turbocharge the First-Time Home Buyer Incentive (FTHBI) for Canadians who live in ... More

While more details about the First-Time Home Buyer Incentive were released this week, there remains a glaring problem.

The incentive will allow eligible first-time homebuyers who have the minimum down payment for an insured mortgage with CMHC, Genworth or Canada Guaranty, to apply to finance a ... More

Three quarters of homebuyers in three of Canada's largest housing markets are not willing to take financial risks when buying a home, ... More

Spring is typically a busy time for home sales, so lenders are competing fiercely right now for new business — and that's adding up to record low rates for ... More

The Conservative Party leader says he's "absolutely committed" to reviewing the rule.

Canada needs to be building more homes to meet demand which is greater than official figures suggest.

The head of the Canada Mortgage and Housing Corporation (CMHC) gave a candid assessment of the country’s housing market, saying the “party” of homeownership ... More

Having a sufficient down payment to afford the home they want is the largest concern of first-time buyers according to a new survey.

Canada's housing agency says new spending measures aimed at helping first-time buyers afford homes won't push prices up more than a few tenths of a percentage ... More

The First-Time Home Buyer Incentive actually reduces affordability.

Budget offers an array of incentives aimed at first-time homebuyers, raises the limit on tax-free RRSP withdrawals.

Ten per cent of Canadians no longer qualify for a mortgage with banks.

The B-20 mandated stress test is already outdated considering current market realities, according to a real estate firm head.

The federal government appears to be considering a budget announcement that would allow first-time homebuyers to obtain 30-year insured mortgages, up from the 25-year limit ... More

Updated numbers from the Bank of Canada showed that the balance of insured mortgage debt suffered its largest decline in history.

Rising rents is making homeownership the affordable alternative according to a new report.

Here are some interesting data about Gen Zers and their homeownership plans and goals.