Housing Market Canada

• Canada housing market: What to expect this spring as prices drop

  The market has been sluggish since last year, when prospective buyers started putting off plans to purchase homes as the Bank of Canada aggressively hiked interest rates.

  Consumer

  Mar 22
  
• First home savings account: Banks say they’re not ready for an April 1 launch

  The first home savings account, a cornerstone of the federal Liberals' 2022 budget, will not be ready when it goes into effect on April 1.

  Money

  Mar 21
  
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• Here’s how interest rates could affect Canada’s housing market in 2023

  The Canadian housing market is primed for a rebound in late 2023 — assuming market watchers' expectations for interest rate cuts come to fruition, according to a Desjardins report.

  Money

  Feb 9
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• Canadians think home ownership is out of reach despite cooling prices: study  

  A new study conducted by CPA Canada finds that Canadians who don't own homes think homeownership remains far out of reach despite prices cooling slightly across the country.

  Canada

  Jun 1, 2022
• Canada’s plan to ease runaway housing prices could backfire on Trudeau: experts

  Alarms are already ringing in Canada's construction industry, which is facing a dire shortage of workers and a retirement crisis, not to mention rising costs of raw materials.

  Consumer

  May 1, 2022
• 63% of Canadian non-owners have ‘given up’ on ever buying a home: Ipsos

  More than 60 per cent of Canadians who don't already own a home have given up hope of ever breaking into the country's hot housing market, according to new Ipsos polling.

  Money

  Apr 29, 2022
• Annual surtax of 0.2% on $1M+ homes could cool housing market: report

  An annual surtax of 0.2 percent on houses valued over $1 million could help reduce housing inequality and cool housing markets, a report says.

  Canada

  Jan 6, 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
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• 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
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• New mortgage stress test rules will make it harder for first-time homebuyers: experts

  The new rules, which are set to come into effect June 1, ups the minimum qualifying rate, which is a gauge of whether borrowers can handle payments should rates increase.

  Canada

  May 23, 2021