According to BMO senior economist Robert Kavcic, mortgage rates will soon begin to fall in Canada. “If our forecasts are right, Canada’s mortgage rates are now at or near their peak. The central bank is expected to raise its key lending rate by 0.25%...

Different experts believe that the recent inflation results may give the Bank of Canada enough reasons for raising its key lending rate by 0.25% this month, though some say a rate hold can still happen. The latest inflation results are good news for those...

According to Statistics Canada, the annual rate of inflation was down slightly to 6.3% last month, with gas prices reporting a significant monthly decrease. The report says Canadians paid 13.1% less for their gas in December compared to November, which is explained by lower...

The latest report by the Canadian Real Estate Association (CREA) shows that national home sales were up by 1.3% in December compared to November, while the annual increase reached 39%. According to the CREA, the MLS Home Price Index went down by 1.6% on...

The latest report by Royal LePage shows that Canadian housing prices were down in the fourth quarter of 2022, but they still exceeded the pre-pandemic levels. The national aggregate home price fell by 2.8% from a year earlier and stopped at $757,100, marking the...