Canada Housing Market
-
Rate cuts could be in the cards for 2024, but BoC sees housing market as a riskThe Bank of Canada's governing council says the conditions for interest rate cuts should materialize this year, but the housing market is a risk to the inflation outlook.MoneyMar 20
-
Slow February home sales signal ‘things are about to pick up’: CREAHome prices were flat in February, according to the Canadian Real Estate Association, snapping a five-month streak of declines in the housing market.MoneyMar 18
-
-
Advertisement
-
Here’s how much home you can get for $1M across Canada these daysIf you had a million dollars, the kind of home you could buy in Vancouver is nearly a third the size of a property at the same price in Edmonton, a Royal LePage report shows.MoneyFeb 22
-
-
Advertisement
-
Interest rates – high or low – won’t solve housing problems, Macklem saysThe head of the Bank of Canada says interest rates alone can't reduce the costs of shelter for Canadians, calling for improvements in the supply of homes.MoneyFeb 1
-
Canadians can expect to see ‘full’ housing plan in 2024: ministerHousing Minister Sean Fraser says Canadians can expect to see a full plan from the federal government in 2024 that lays out how it will tackle the housing crisis.CanadaDec 29, 2023
-
-
Experts question impact of foreign homebuyers banExperts say it's hard to tell if the foreign homebuyers ban is lowering housing costs and helping Canadians afford homes. The ban came into effect nearly one year ago.EconomyDec 28, 2023
-
-
Foreign buyer ban was expected to impact 2% of home purchases, CMHC docs showRecords from Canada's housing agency show bureaucrats expected a muted impact from the foreign buyer ban and prepped to receive 'tough questions' about it from the public.PoliticsNov 9, 2023
-
How to manage your finances amid high mortgage paymentsAs more and more homeowners face mortgage renewals at surprisingly higher interest rates, some are facing the dreaded prospect of having to sell a home they can no longer afford.CanadaOct 16, 2023
-
-
Advertisement
-
Interest rates expected to stay higher for longer. What that means for your mortgageBorrowers with fixed rates are expected to see an average payment increase of between 14% and 25% next year compared with early 2022 costs, according to the Bank of CanadaConsumerOct 2, 2023
-
-
Advertisement
-
Ottawa making financing cheaper for more builders to spur rental constructionThe effort to offer cheaper mortgage rates to more builders comes as construction costs have ballooned in recent years amid expensive materials and rising interest rates.CanadaSep 26, 2023
Trending
-
CRA no longer requiring tax return for bare trusts this year7,277 Read
-
Alberta distillery takes home best new spirit prize at World Whiskies Awards4,314 Read
-
Canada’s population hits 41M months after breaking 40M threshold3,308 Read
-
10 items every new parent should add to their baby registry3,066 Read
-
‘They’re not one-offs’: Injury to N.S. teacher shared to reflect school violence2,870 Read
-
Cutting it close: N.B. man claims $64M lotto win just 19 days before expiry2,762 Read
-