Real estate sector is showing signs of recovery As Canada’s economy is recovering, the real estate sector also shows signs of a rebound, following four consecutive months of decrease. In January, Canadian GDP reported its best results in eight months, showing a 0.3% monthly growth and...

Stephen Poloz doesn’t mention possible rate increases in a new speech On Monday, the Bank of Canada governor Stephen Poloz made a speech, leaving out the topic of possible interest rate hikes amid domestic and global economic challenges. As worries about global trade wars increase, and...

Equity release mortgages are getting more and more popular among baby boomers There’s a new tendency at the market: baby boomers who are facing retirement chose to give up their equity getting reverse mortgages more often. As a result, the outstanding balance of debt from...

Housing affordability in Toronto and Vancouver remains at crisis level The latest report shows that a national housing affordability has improved for the first time in more than three years. At the same time, the overall results hide the...

Sales of new condos are going down in Toronto, as many buyers are left out of the market Condominiums are the first step for the Canadians to become homeowners at the expensive Toronto real estate market. However, sales of new condos are going down as...