Canadians are increasingly pessimistic over the direction of their nation’s economy, with nearly one-third of homeowners fearing they will need to sell their residences if interest rates continue to rise. According to the Financial Health Survey published by Manulife...
Peakhill Capital and Z Modular announced the closing of a $26 million deal to finance the construction of the first Canadian modular apartment project that will be insured by the Canada Mortgage & Housing Corp. (CMHC). The project, known as Fuze Lucan, is located...
Rocket Mortgage Canada, a digital mortgage broker and part of Rocket Companies (NYSE: RKT), has expanded its operations to become a mortgage lender. The company is currently offering its own mortgage products in Ontario, where it is headquartered, and plans to expand...
The Canadian market recorded 234,974 housing starts in June, up from 229,520 units in May, according to new data from the Canada Mortgage and Housing Corp. (CMHC). CMHC’s measure is a six-month moving average of the monthly seasonally adjusted annual rate (SAAR) of...
Canadians have looked to the future and roughly one in four plan to buy investment property over the next five years. According to a new survey from Royal LePage, 11% of Canadians – approximately 4.4 million people – currently invest in residential real estate. Of...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
