Canada’s national housing agency plans to revamp its forecasts to call for a drop of as much as 15% in home prices, as higher mortgage rates threaten to cause a protracted ... More

Proposals by the federal government to restrict foreign access to the Canadian housing market run the risk of complicating mortgage financing while not adequately addressing the ... More

In addition to recording a fourth consecutive monthly decline on a seasonally adjusted basis, the Teranet-National Bank Composite House Price Index™ experienced its largest ... More

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales slowed slightly in August 2022. ... More

While market activity has decelerated significantly in recent months, several factors will act in concert to prevent an all-out housing crash, market observers argue. ... More

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales slowed further in July 2022. ... More

Details of a new account to help Canadians save to buy their first home have been revealed this week. ... More

A BMO Capital Markets senior economist says the Bank of Canada's recent move to increase its key interest rate is setting up the housing market for an even deeper correction ... More

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

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

This trend could spur further growth in the Canadian housing market ... More

Inflation in Canada grew at a pace not seen since 1983, further increasing the likelihood of an “oversized” rate hike of 75 basis points at the Bank of Canada’s ... More

Majority of supply gap found in Ontario and British Columbia, agency says ... More

The Canadian housing market continues to witness a dramatic climb in rental prices according to a report from rental listing platform Zumper published last Wednesday. ... More

Bouts of pain in property prices could help wake market up to economic and wage realities, economist says ... More

In May, the number of new homes that started construction in Canada trended lower compared to the previous month, but still remained at elevated levels. ... More

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

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

Nearly one in four homeowners say they will have to sell their home if interest rates go up further, according to a new debt survey from Manulife Bank of Canada. ... More

House prices are set to continue falling across Canada as a result of the current market cooldown, with the only question being by how much, according to a well-known economist. ... More

Central bank's outsized rate increases having a big impact, according to RBC. ... More

The Bank of Canada has raised its trendsetting interest rate by 50 basis points, marking its second consecutive oversized hike – and third overall increase this year – ... More

The increments in the central bank’s rate hikes will become narrower in the foreseeable future, analysts say ... More

Now that home prices have started to fall from their February peak, the federal government is reportedly planning to introduce limits on its First-Time Home Buyer Incentive ... More

Central bank rate expected to hit 1.5% on Wednesday — soon it could be twice that ... More

"This is more likely to be a soft landing than a severe correction or some kind of crash or meltdown" ... More

Canada’s housing market is cooling down but it is still hotter than the long-term average and will likely stay that way for the next couple of years. ... More

The average price for a house in Canada fell for the second straight month in April, posting a 12.6% decline from March. ... More

After two years of red-hot market activity, higher borrowing costs are causing a cool down in Canada’s feverish real estate markets during the traditionally busy spring ... More

Canadian household budgets are being squeezed tight but buying a home remains on the wish list ... More