While policymakers are trying to increase the pace of homebuilding in the country, it seems to be just slowing down. According to the latest report by the Canada Mortgage and Housing Corp. (CMHC), the sharp increase in interest rates seen during the previous year is beginning to restrain...

The recent report by Ratehub shows that although real estate prices went down across Canada compared to a year ago, homes are now even less affordable because of higher interest rates. According to the release, affordability deteriorated in 9 out of 10 Canadian cities:...

Canadian inflation is cooling significantly this spring as expected: consumers face a decline in energy costs and smaller price increases for appliances and certain durable goods. According to Statistics Canada, the Consumer Price Index (CPI) was up by 4.3% last month on a year-over-year basis,...

Although the temporary extension of the mortgage amortization period has served as a saving life jacket for many variable-rate mortgage holders who’ve faced the consequences of higher interest rates and borrowing costs, the Office of the Superintendent of Financial Institutions (OSFI) still believes this...

The latest report by the Canadian Real Estate Association (CREA) says the average home price by the end of this year will be 4.8% lower than a year ago. However, the price is expected to rise by almost the same amount next year. According to...