The Bank of Canada announced it is holding its overnight rate at 2.25%, with the Bank Rate remaining at 2.5% and the deposit rate at 2.20%, respectively. “Financial conditions have been volatile, reflecting daily developments in the Middle East and shifting market...
Canadian homeowners facing mortgage renewals are preparing to cut their budgets to manage higher payments, while prospective buyers are preparing to make a move later this year. According to a new survey from TD Bank, more than half (56%) of Canadian homeowners said...
More than half (55%) of Canadian homeowners plan to stay in their current home for the foreseeable future while only 10% are looking to upsize, according to a new survey conducted by CPA Canada. At the same time, 61% of homeowners looking to move complained they are...
Severe winter weather was blamed for a decline in home sales across Canada during January. According to data from the Canadian Real Estate Association (CREA), nationwide home sales were down 5.8% from December and down by 16.2% from January 2025. This occurred as the...
The seasonally adjusted annualized rate of Canadian housing starts declined by 15% in January to 238,049 units from a revised figure 280,668 units in December, according to data from the Canada Mortgage and Housing Corporation (CMHC). Actual housing starts were up 1%...
Inflation Expectations Hit Three-Year High as Rent Outlook Climbs to 6.8%
