Canadian Housing Market

• Canada’s pace of homebuilding picked up in September, CMHC says

  The national housing agency says the seasonally adjusted annual rate of housing starts was 223,808 units in September, up from 213,012 in August.

  Economy

  Oct 16, 2024
  
• Own a home? Here’s how to tackle soaring interest rates, monthly mortgage payments

  For Canadians on a fixed rate and up for mortgage renewal, increase interest rates could mean serious sticker shock with higher monthly payments.

  Consumer

  Sep 1, 2022
  
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• Canada set for ‘unprecedented’ home price drop by early 2023: TD Bank

  A new report from TD Bank projects the average Canadian home price could drop 20 to 25 per cent in early 2023 from the peak seen last February.

  Money

  Aug 29, 2022
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• Canadian cities unaffordable for young residents: report

  Across Canada, cities big and small have become unaffordable for young people to live in. Young people run up an average deficit of $750 a month living in cities.

  Consumer

  Jun 5, 2022
• Rate hike won’t take ‘too much steam’ out of Canada’s housing market, experts say

  Experts say Canada's housing market will remain hot after an initial interest rate hike from the Bank of Canada, pointing to pent-up demand and low supply.

  Money

  Mar 2, 2022
• Canada’s immigration boost could fuel hot housing market: experts

  The aim of the government fund is to create 100,000 new "middle-class" homes by 2024-25 and the cash will go to municipalities that show they can speed up construction.

  Consumer

  Dec 9, 2021
• Canada’s housing market hotter than ever — and investors are playing a big role

  The share of home purchases by buyers who already have multiple mortgages is rising, data shows.

  Money

  Dec 3, 2021
• Rising interest rates will be ‘No. 1 issue’ for Canada’s housing market, economists say

  Interest rates will eventually rise — that's the biggest risk facing the housing market, and perhaps the entire Canadian economy, some economists warn.

  Money

  Jun 23, 2021
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• What a developer’s plan to buy $1B in homes could mean for Canada’s housing market

  The plan has sparked concerns that corporate investors could deplete Canada's already tight stock of single-family homes while also eroding rental affordability.

  Money

  Jun 15, 2021
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• How to tame the housing wars: Why open bidding may not work

  Blind bidding often encourages aggressive offers to blow away the competition. But the auction-style bidding used in countries like Australia may not be the solution.

  Money

  Jun 11, 2021