The latest report by Statistics Canada says Canadians more often choose to rent a home instead of purchasing is as real estate prices keep going up. According to StatsCan, Canadian renting households were up by 21.5% from 2011 to 2021, which is more than...

Canada’s inflation slowed down slightly in August due to a drop in gasoline prices. However, economists are sure it will take a long time to bring the numbers back to the central bank’s target level of 2%. Although August reported a 7% annual inflation...

One of the largest Canadian banks expects the national real estate market to reach its bottom point next spring and then fully adjust to growing interest rates. According to RBC assistant chief economist Robert Hogue, home buyers these days are “on the defensive” as the central...

According to the recent report by the Canadian Real Estate Association (CREA), housing prices kept going down in August for the sixth month in a row. Seasonally adjusted prices fell by 1.6% from July, but were still 7.1% above the results of August 2021....

While today’s mortgage borrowers need to qualify at rates as high as 6% and 7%, the Office of the Superintendent of Financial Institutions (OSFI) still doesn’t plan to impose any changes to the stress test in the nearest future. Last week, the head of...