According to the Canada Mortgage and Housing Corp., the average housing price will not go back to its pre-pandemic levels this year as the recent prices decreases are slowing down in many markets and they are expected to reach their bottom this quarter before...

According to the central bank’s summary of deliberations, it was considering another interest rate hike for its previous meeting, as it was afraid that too slow a reaction could support inflation growth. It turns out the governing council was thinking about one more rate...

The latest poll by the central bank shows that most market participants expect the Bank of Canada to keep its key lending rate at the 15-year high level of 4.50% for the rest of this year. Rate cuts are predicted only for the beginning...

The latest poll shows that Canadians are feeling more optimistic as the forecast for housing keeps improving and the economy is slowing down with not so many signs of a possible recession. The Bloomberg Nanos Canadian Confidence Index went up to its highest level...

Last month, the average monthly apartment rent in Toronto reached a record high of $3,122, which is another sign of a significant housing affordability problem in Canada’s biggest city. According to Urbanation Inc., it’s 13% higher than in March 2022 and the first time...