New home sales in Toronto are falling It looks like buyers of new real estate have finally reached their maximum financial capacity in Toronto. Following years of extremely high prices growth, new homes sales in Toronto fell to their lowest mark in 20 years in 2018....

Homebuyers in Ontario may find out about the price offers for the home they want Ontario government is thinking about letting realtors reveal other price offers to potential homebuyers amid high competition. On Thursday, the government launched a consultation on reviewing the Real Estate and Business...

Housing market decline represents a strong threat to the entire economy Following recent evidence of economic rebound, the report from the Canadian Real Estate Association (CREA) says the national home sales last year fell by 11.1% annually. It’s the largest drop since the recession in 2008....

CIBC says there are no reasons to worry about growing insolvency rate Despite the general concern about the growing insolvency rate in Canada (it’s growth pace is the fastest in 3 years), CIBC deputy chief economist Benjamin Tal says it’s a natural result of rising...

Will there be a stress test for private lenders in Canada? According to three reliable sources, the federal government is thinking about applying the same stress test regulations Canadian banks deal with to private lenders as well. The main goal is to avoid housing market...