According to Canada Mortgage and Housing Corp. (CMHC), the annual pace of housing starts in September reached its highest level since last November. CMHC report says the seasonally adjusted annual rate of housing starts last month was 299,589 units, which is 11% higher than...

The central bank’s latest poll shows that sentiment among Canadian firms were down the most since the beginning of the pandemic: inflation expectations among consumers and businesses don’t seem to show any signs of easing. The Bank of Canada’s business outlook indicator went down...

Last month, Canadian real estate prices kept going down for the seventh month in a row. As a result, now they are almost 9% lower than in March. According to the recent report by the Canadian Real Estate Association (CREA), the average home price...

Royal LePage is reducing its expectations for real estate prices in Canada and now predicts an annual decline in the fourth quarter, offsetting the growth seen at the beginning of this year. According to its poll, the aggregate home price in the final three months of 2022 is expected to fall...

According to a former vice chair of the U.S. Federal Reserve, Randal Quarles, in case the U.S. decides to keep raising interest rates significantly, the Bank of Canada doesn’t necessarily have to do the same. “In my opinion, with all the connections between our...