Housing sales started recovering in April According to the recent report by the Canadian Real Estate Association (CREA), housing sales started recovering last month, as the number of transactions was up by 4%. It’s the first annual increase since December 2017. Earlier this year, home...

Capital Economics predicts 2 rate cuts this year The recent report by Capital Economics says the central bank could be underestimating the cooling effect on the national real estate market, as well as the consequences for the entire economy, supported largely by consumers. Last year, sales...

Opposition leader wants to ease mortgage stress tests Canada may see some changes to mortgage stress tests, but it all depends on the results of the October federal election. Official Opposition Leader Andrew Scheer wants to review the stress test implemented in January 2018. It depends...

What to expect from interest rates this year? Just a year ago, you could ask any big bank economist about the possible future of interest rates and you would hear about the hikes. At that moment, it was quite...

CMHC is willing to share benefits and losses from the new first-time buyer plan The new plan for improving housing affordability for millennials may lead to shared gains and losses for taxpayers. As you know, March federal budget includes spending about $1.25 billion during the next...