Bay Street expert David Rosenberg points to signs that conditions in certain hottest real estate markets in Canada are even worse than when he warned about the U.S. subprime mortgage crisis almost 20 years ago. According to the chief economist and strategist at Rosenberg...

The recent report by Statistics Canada shows that the pace of prices increase for new Canadian homes has reached a record level in more than 30 years. Last month, new home prices were up by 1.9% from January, marking the fastest monthly gain since...

The U.S. Federal Reserve Chair Jerome Powell keeps expecting near-zero interest rates at least in 2023, even though the Fed has upgraded its economic outlook and markets are showing stronger worries over inflation. Such a decision followed a Treasury yields hike, hiding a growing...

According to Canada Mortgage and Housing Corp. (CMHC), the annual pace of housing starts slowed down last month compared to January. The report by CMHC shows that the seasonally adjusted annual rate of housing starts was down from 284,372 to 245,922 in February. Last...

According to the Canadian Real Estate Association (CREA), we’ll see record high home sales in 2021, followed by a cooling phase next year. CREA predicts almost 702,000 sales through Canadian MLS systems for this year. Meanwhile, last year showed 551,262 sales. Next year, 614,000...