Canadian biggest banks tighten mortgage market conditions following a rules change Canada’s largest banks are tightening their approach to the national C$1.5 trillion mortgage market, as the new rules developed to reduce risky lending, make it more difficult for borrowers to switch lenders. Certain analysts...

Many Canadians believe they will buy their dream house someday Although the pressure from higher interest rates and growing prices is rising, 41% of Canadians believe they will buy a house of their dreams someday, meaning a detached home large enough for a big family. According...

Not all economists expect an active year for Canada’s real estate market Numerous economists provide their forecasts on the national real estate market for the next year, and one of them doesn’t think it will be very active. Benjamin Tal, deputy chief economist at CIBC, says...

Next year will bring a more moderate growth in home prices Housing prices are expected to go up next year. However, the growth pace may be not as fast, as during the previous few years. According to Royal LePage, the national median home cost will rise...

Could a change in rent control increase Toronto’s rental supply? In November, the Ontario government decided to remove rent control on all new housing units. This change was supported by industry associations, including the Ontario Real Estate Association. It was seen as a possibility to raise...