Canada sees a new wave of buyer’s remorse in several red-hot housing markets, as real estate prices started falling and home sales slowed during the previous two months. According to realtors and lawyers in Toronto and Vancouver, buyers are now looking at what ways...

There’s a question bothering many mortgage and housing specialists across Canada, as interest rates go up and sales activity decreases: how cool will Canada’s real estate market get? We’ve faced strong concerns recently about a market that’s been showing insane activity during the previous...

In its recent statement, the Office of the Superintendent of Financial Institutions (OSFI) noted it could make certain “adjustments” to its mortgage qualifying rate before the end of 2022. As a rule, each December, OSFI reviews the qualifying rate before the following busy spring...

Canadian Big 6 banks have increased their forecasts for the central bank’s rate hikes. Now, most of them predict another 1.25-1.50% hike by the end of 2022. The latest review came from RBC, following Scotiabank’s call that the Bank of Canada’s overnight rate will...

It looks like cooling in Toronto housing market is starting to spread to the province’s cottage country. “Step by step, sanity is coming back to our marketplace,” – says real estate veteran Annita Lanter. “You can feel that the wind is already changing.” While...