The latest poll by HomeEquity Bank shows that more than 9 out of 10 Canadians want to live their retirement years in the comfort of their own home. In order to do it, they have to get a reverse mortgage. As many as 95%...

Housing market activity in Canada is showing signs of a slowdown following an insane pace of the previous two years. However, according to Robert Hogue, assistant chief economist at RBC, the possibility of a real estate market crash is tiny. “In our opinion, home...

The latest survey shows that Canadian households are facing a significant deterioration of their finances amid growing inflation and interest rates. This is a worrying trend that could be followed by an economic slowdown. According to the recent Nanos Research for Bloomberg News, the...

Last month, new home prices in Canada showed certain signs of a growth slowdown, as the numbers changed from average increase of 1.1% during the first three months of this year to only a 0.3% monthly gain, Statistics Canada. Price growth from March to...

Inflation still exceeds  the central bank’s recent forecast, which “virtually guarantees” another half per cent rate increase on June 1, CIBC economist Andrew Grantham says. “It could be followed by another large hike to push the overnight rate to the bottom end of its...