The central bank warns that a wave of investors into Canada’s real estate market we’ve seen this year has pushed up home prices and raised the risk of a correction (decline). On Tuesday, Deputy Governor Paul Beaudry said risks concerning the national housing market...

Last month, sales of existing homes in the U.S. showed an unexpected increase, reaching its highest level since the beginning of 2021. Such results suggest the market shows a healthy demand, with more buyers benefitting from of stronger job growth and today’s low mortgage...

If you’re considering moving to Toronto or already rent a place here, a vacancy rate is a very important gauge for you. The report by Urbanation says the vacancy rate in Toronto reached its peak in the first quarter of 2021. At that moment,...

Last month, Canada’s inflation rose to its highest level in almost 20 years, increasing pressure on the central bank to start raising rates. The consumer price index was up by 4.7% in October on a year-over-year basis, following a 4.4% gain seen in September,...

According to the central bank’s deputy Governor Lawrence Schembri, the bank’s ability to determine when Canada’s economy has reached full employment, and when it’s time to raise interest rates, has become extremely unclear. He says policy makers are truing to bring the national economy...