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Bank of Canada Leaves Rates Unchanged

Bank of Canada Leaves Rates Unchanged

by Phil Hall | Apr 29, 2026 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

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...
Over Half of Canadian Homeowners Prepare to Cut Spending Ahead of Mortgage Renewals

Over Half of Canadian Homeowners Prepare to Cut Spending Ahead of Mortgage Renewals

by Phil Hall | Apr 8, 2026 | Current News & Events, International Real Estate News, Mortgage Information, Real Estate News, WRE News Exclusive

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...
Survey: Most Canadian Homeowners Have No Plans to Move

Survey: Most Canadian Homeowners Have No Plans to Move

by Phil Hall | Apr 7, 2026 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

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...
Drop in January Canadian Home Sales Blamed on Winter Weather

Drop in January Canadian Home Sales Blamed on Winter Weather

by Phil Hall | Feb 18, 2026 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

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...
Canadian Housing Starts Down by 15%

Canadian Housing Starts Down by 15%

by Phil Hall | Feb 16, 2026 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

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%...
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