Due to the current housing costs and the way they affect Canada’s inflation, consumer price growth may slow down sharply in the nearest future. Being the main expense for most households, shelter accounts for about 30% of Canada’s consumer price index (CPI), just like...

According to the latest report by Canada Mortgage and Housing Corp. (CMHC), the national apartment vacancy rate went down to 1.9% in 2022, marking the lowest level in more than 20 years. Such results can be explained by an additional number of newcomers Canada has...

On Wednesday, the central bank raised its key lending rate for the eighth time in a row, signalling that it could be the last increase in this cycle. The Bank of Canada plans to take a pause and assess the influence of its sharp...

Most experts believe that the Bank of Canada will announce one more 0.25% rate hike on Wednesday and then will take a pause in one of the most aggressive tightening cycles in history. Last month, the BoC signalled that we’re getting close to the end of...

A growing number of Canadians are using their real estate as a source of additional income. According to the recent report by HomeEquity Bank, reverse mortgage originations exceeded $1 billion in 2022 for the second consecutive year. “The interest in reverse mortgages is intensifying...