Blog

Royal Bank of Canada economists say the country has reached a record number of renters as the number of people renting has increased at three times the rate of homeowners in the ... More

The Bank of Canada is expected to increase interest rates once more this week, capping off a tumultuous year for the central bank. ... More

Having already surpassed pre-pandemic levels, the average rent in Canada continued to rise in October. ... More

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales edged a little higher in October 2022. ... More

The Bank of Canada is almost done with its current series of rate hikes, but consumers should brace for higher borrowing costs before the end, according to central bank governor ... More

Many economists say a mild recession is on the cards as they look ahead to 2023. ... More

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down in September 2022. ... More

Personal finances of millions of Canadians are worsening, and more people are concerned about their high levels of debt ... More

10 million households own their home, while 5 million rent. But the gap is narrowing. ... More

Immigration and shrinking household size will support Canada’s property market through the current correction according to a new report from RBC Economics. ... More

Canada Mortgage and Housing Corp. says the annual pace of housing starts in July edged higher compared with June despite a slowdown in urban starts. ... More

A massive rate jump at the central bank’s meeting next month is a near certainty, economists say ... More

Expand the Bank of Canada mandate, for starters ... More

CMHC revises down home price forecast over next two years to adjust for interest rate spike. ... More

Experts say extending the amortization period for your mortgage could keep your monthly payments in check even as you face higher interest rates, but caution that doing so comes ... More

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down in May 2022. ... More

Bond yields surged to a fresh 14-year high this week, driving expectations that fixed rates are likely to continue rising. ... More

The likely deceleration of the housing market would be a welcome effect, Macklem says ... More

Statistics Canada says the amount Canadians owe relative to their income pulled back in the first quarter from the record level set in the fourth quarter of 2021 as incomes grew ... More

Canada is officially in a recession that's been caused by the COVID-19 pandemic, the C.D. Howe Institute's Business Cycle Council declared Friday. ... More

Rising unemployment and high debt is expected to boost mortgage loan delinquencies in Canada, though experts say it won’t play out like the U.S. subprime mortgage crisis of ... More

Happy First Day of Spring Everyone! ... More

The Government of Canada is taking immediate, significant and decisive action to help Canadians facing hardship as a result of the COVID-19 outbreak. ... More

Prime Minister Justin Trudeau has announced the federal government will close its borders to most people who are not Canadian citizens or permanent residents as part of its ... More

In 2018, the median after-tax income of Canadian families and unattached individuals was $61,400. ... More

The average rent for a two-bedroom apartment in big cities increased by 3.9%, clocking the fastest growth since 2001. ... More

TD economists says the cost of servicing debts should ease early in 2020 ... More

There will be growth for the Canadian economy in the next two years as the country avoids recession. ... More