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Bank of Canada considers slowdown at real estate market a “healthy” shift

According to the Bank of Canada Governor Tiff Macklem, growing interest rates will not affect the national economy negatively and may even lead to a “healthy” slowdown in the real estate market. Following the release of the BoC’s annual report on financial stability, Macklem noted...
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Canada’s real estate market faces correction with a possible 15-20% prices decline

The latest report by Desjardins’ economics team says the Canadian real estate market will most likely bend, but not break, affected by growing interest rates and slowing sales activity. According to Desjardins Senior Director of Canadian Economics Randall Bartlett and Senior Economist Hélène Bégin,...
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Canadians name money the top source of stress

According to the latest poll, money is the main source of stress among Canadians. As the cost of living keeps growing sharply, many are becoming more and more concerned about their financial wellbeing in the future. The 2022 FP Canada Financial Stress Index shows...
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Afraid of losing your home amid growing expenses? You can start acting right now!

Amid growing cost of living, some homeowners have to eat less or postpone paying bills in attempt to cope with their mortgage payments. In case this is about you, please know that the sooner you start acting, the better. You may not even know how many...
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Toronto real estate prices shows the third consecutive monthly decline

Housing prices in Toronto were down for the third month in a row, as growing interest rates changed the situation drastically in a city recently being one of the world’s hottest real estate markets. According to the latest report by the Toronto Regional Real...
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