September saw further adjustments of the local housing market. According to the recent report by the Barrie and District Association of Realtors (BDAR), home sales and average price were down in Simcoe County last month. There were 498 residential unit sales, which is 32.5%...

According to Statistics Canada, the national employment was up in September for the first time in four months. However, the increase was still quite modest pointing to the fact that the labor market keeps functioning almost at full capacity. Last month, Canada added 21,000...

According to the Governor Tiff Macklem, the Bank of Canada plans to follow its interest rate increase strategy, as concerns over elevated price pressures and inflation expectations are intensifying. On Thursday, he pointed to the national economy still “clearly” showing excess demand: businesses are...

Last month, the Greater Toronto Area (GTA) saw lower home sales amid growing interest rates. The recent report by the Toronto Regional Real Estate Board (TRREB) says there were 5,038 homes sold across the GTA in September, which is 10.5% less than in August. The...

The latest poll shows that almost one third of younger Canadians had to postpone or deprioritize their home purchase since the start of 2022. The survey, conducted by Leger for Royal LePage, asked 1,565 Canadians whether “the higher cost of living, including growing interest...