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While many economists have predicted the Bank of Canada’s interest rate will peak at 4%, the Organisation for Economic Co-operation and Development (OECD) has gone five ... More

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 ... 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 ... 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 ... More

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

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.

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

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

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 ... More

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

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

This trend could spur further growth in the Canadian housing market

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 ... More

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

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.

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

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.

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

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

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.

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 ... More

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

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

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

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

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.

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

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