A dream of homeownership has been one of the main in the lives of many Americans. And amid the U.S. real estate market collapse in the mid-2000s, when mortgage rates went down sharply, many Canadian and American observers noted that Canada was outpacing America...

Canadians see fixed mortgage rates going up, with certain 5-year fixed mortgages entering 6% territory. As a rule, five-year fixed mortgage rates follow the Government of Canada 5-year bond yield, which rose by more than 0.4% last week, reached a 14-year record high level...

The Greater Toronto Area is facing sky-rocketing rents as it deals with a strong lack of supply. The recent report by Urbanation shows that the average condo was leased for $2,733 a month in the third quarter, marking an annual rise by $433 or...

According to the former Bank of Canada governor Stephen Poloz, there is a way to tame sky-rocketing inflation without sending economic growth into a dive. He believes a deft approach is necessary for that. On Thursday, Poloz said that although there will be certain...

Last month, Canada’s inflation rate turned out to be higher than expected in spite of lower gasoline prices. Such results will probably keep the central bank on its aggressive rate-increase track. According to Statistics Canada, the consumer price index rose by 6.9% annually, while...