Homebuyers in Canada are trying to deal with the poorest real estate supply in history, and COVID-19 has led to an activity boom at the market with no signs of a possible slowdown on the horizon. According to the recent report by the Canadian...

The recent report by the Canada Mortgage and Housing Corporation (CMHC) says the suburbs of Canada’s three largest cities are driving the increase in home construction activity. According to CMHC, the number of move-in ready properties outside of city centres in Toronto, Montreal and Vancouver has started...

Mortgage Professionals Canada (MPC) published a number of its new real estate market reports investigating the influence of COVID-19 on consumer attitude towards housing and mortgages. The results once again confirm Canadians’ confidence in the homeownership security, particularly with COVID-19 and the uncertainty over...

In 2020, Canadian consumers reported the lowest insolvency rate in 20 years due to government support and creditor deferral programs. According to the Office of the Superintendent of Bankruptcy Canada, there were 96,458 filings last year. It’s the lowest number since 2002 and a...

The forecasts for the GTA housing market are quite strong, as buying intentions are expected to be strong, sales may exceed 100,000, and an average home price may reach a record level of over $1 million. The Toronto Regional Real Estate Board (TRREB) has...