The latest data from Canada Mortgage and Housing Corp. shows that the annual pace of housing starts was down by 0.2% in November on a monthly basis. According to CMHC, the seasonally adjusted annual rate of housing starts last month was 264,159 units, following 264,581 reported in...

Last month, housing sales continued to fall after a small pause seen in October. Meanwhile, average real estate prices also kept going down. According to the Canadian Real Estate Association (CREA), home sales fell by 3.3% in November from the previous month and by...

Today, the Office of the Superintendent of Financial Institutions (OSFI) decided not to change its qualifying rate for uninsured mortgages, ignoring calls for easing the requirements amid a drastic increase in interest rates seen in 2022. OSFI keeps the conditions unchanged, meaning that borrowers...

The latest National Rental Report shows that the average monthly rent in Canada went up to a record level of $2,024 last month. Moreover, specialists believe we won’t see any positive changes in the nearest future. The average price for rent in November rose by 2.5%...

The latest report by Statistics Canada shows that the amount of debt Canadian households have relative to their income was up in the third quarter of 2022. According to the agency, household credit market debt as a share of household disposable income went up...