In March, a red-hot Greater Toronto Area (GTA) real estate market showed another prices increase: the average home price reached $1,299,894. At the same time, there were also signs of a slight activity slowdown. According to the recent report by the Toronto Regional Real...

According to RBC Economics, housing affordability in Canada fell to its worst level in 31 years at the end of the previous year. It also warns that we shouldn’t expect any relief in the nearest future. The recent data shows that it took 49.7%...

Last month, the national economy continued its path of monthly increases, intensifying suggestions that the Bank of Canada will start one of its most aggressive tightening cycles in order to restrain a 30-years record high inflation. According to Statistics Canada, gross domestic product was up for...

Growing mortgage rates, interference at the provincial level, and the uncertainty over what Canada’s finance minister will include into the budget – BMO Capital Markets’ senior economist spoke on various hot topics concerning domestic real estate markets. “We can see a full-scale attack on...

The recent data shows that Canadian consumer confidence fell to its lowest level in more than a year amid Russia’s invasion of Ukraine and growing inflation issues. Last week, the Bloomberg Nanos Canadian Confidence Index went down to 56.3, marking the lowest result since...