The latest poll by Angus Reid Institute shows that Canadians are facing a lot of pressure from higher prices: four-out-of-five respondents had to cut their spending during the previous few months. According to the results of a survey of 2,279 adult Canadians, 56% of...

This month, we’ve seen the Bank of England canceling its mortgage stress test. As mortgage rates today exceed 4% and 5%, and some believe we’re heading to a peak of this rate-increase cycle, the question pops up: is it time to make adjustments to...

The latest analysis by TD Economics shows that although Canada’s inflation rate has eased last month, with 7.6%, no Canadian family can avoid the hit from growing prices, and middle-income households are probably facing the hardest punches. To be more precise, the inflation rate for middle-income...

The latest report by RE/MAX Canada says that while many Canadian homebuyers are still pushed out of the market, some regions are facing a wave of detached houses buyers amid a significant prices decrease. Home sales in the second quarter were up by 40%...

Next year, Canadians may have a possibility to receive certain help with purchasing their home, as the federal government launches a Tax-Free First Home Savings Account (FHSA). This program was introduced in the 2022 federal budget. It is developed to help first-time homebuyers enter Canada’s hot...