Canadian home price index falls for the first time in 5 years Last month, a period of home prices gains ended with the strongest February decrease since 2013. In February, the Teranet-National Bank HPI went down by 0.13% from January, following the previous two months of...

New document shows the government’s real opinion on household debt level As the household debt level in Canada keeps hitting the record high marks, it turns out the federal government doesn’t actually know how to determine whether it’s too high at all. According to the latest...

Home sales and prices decline in February from a record-breaking peak in 2017: CREA The average real estate price in Canada fell by 5% and home sales were down by 16.9% last month on a year-over-year basis. A monthly comparison also shows a 6.5% drop in...

Sales decline at luxury housing market may be deceiving REMAX's new report says luxury home sales in the GTA and Hamilton Area are falling from the previous year, but it doesn’t show the entire picture. According to Christopher Alexander,...

How can long-term car loans and mortgage renewals affect Canadian banks? The rating agency Moody's warns Canadian banks that growing consumer debt level isn’t a serious threat for them so far, but the situation can change soon. In its recent report, the agency says that credit...