Canada's Housing Market
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Rising interest rates will be ‘No. 1 issue’ for Canada’s housing market, economists sayInterest rates will eventually rise — that's the biggest risk facing the housing market, and perhaps the entire Canadian economy, some economists warn.MoneyJun 23, 2021
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Pandemic housing boom means affordability is no longer just a big-city problemAs homebuyers move away from big cities and downtown cores, they're driving double-digit prices increases in the suburbs, smaller cities and lower-cost urban neighbourhoods.MoneyJan 16, 2021
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Canada’s economy expected to grow this year but home price surge could lead to economic slump: OECDThe Paris-based organization had previously said Canada's economy was expected to rise by 2.1 per cent this year - better than last year but still modest compared with past economic recoveries from downturns.ConsumerMar 7, 2017
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Pace of housing starts picks up in December, CMHC saysThe increase came as the rate of urban starts climbed 11.8 per cent to 187,621 for the final month of 2016.ConsumerJan 10, 2017
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Pace of housing starts slows in October with big drop in B.C., CMHC saysThe agency says the seasonally adjusted annual rate fell to 192,928 units in October, down from 219,363 units in September.ConsumerNov 8, 2016
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Ottawa has no future plans to help cool Canada’s housing market, Bill Morneau saysEarlier this month, the government tightened mortgage rules and closed a loophole on home sales, the second time it has acted in the last year to cool a market that some fear has become too hot.ConsumerOct 28, 2016
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Ottawa looks to shift some mortgage loan default risks from taxpayers to banksThe federal government formally launched consultations Friday to explore potential changes that would shift some of the financial risk tied to insured mortgages from the shoulders of taxpayers to lenders, such as the banks.ConsumerOct 21, 2016
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