A recent report by Statistics Canada shows that investors owned almost one-third of properties in certain provinces in 2020. Investors made up 31.5% of homeowners in Nova Scotia and 29% in New Brunswick. British Columbia follows with 23.3%, then go Manitoba with 20.4% and...

The latest report by the Toronto Regional Real Estate Board (TRREB) shows that home sales and real estate prices in the Greater Toronto Area (GTA) were almost unchanged in January compared to December, following large decreases of the previous months. There were 3,100 homes...

The latest poll by NerdWallet shows that most Canadians still want to purchase property even amid growing home prices and interest rates. Homeownership is a priority for 67% of Canadians. Moreover, 43% of all respondents are planning to buy a home during the next five years,...

Although mortgage rate increases destabilized most Canadian real estate markets during the previous year, the latest report by RE/MAX suggests that homeowners are able to manage value reduction and recessionary pressures due to lower loan-to-value (LTV) ratios on new mortgages. The report reviewed average...

Variable mortgage rates keep growing in Canada. At the same time, fixed mortgage rates have been showing quite an opposite tendency. Starting this month, some lenders and national brokerages have been reducing their rates for certain fixed-rate loans. As a result, an average deep-discount...