While the national real estate market is cooling down slowly following a pandemic-caused activity hike, the Canadians are raising their mortgage debts at more than double the historical pace. The recent report by Statistics Canada shows that the total amount of residential mortgages was...

In July, Canadian inflation reported the highest annual increase in almost 20 years. This could be a serious threat to Prime Minister Justin Trudeau’s election campaign. According to Statistics Canada, the consumer price index rose to 3.7% from a year earlier – for the...

As there are not so many signs of cooling in Canada’s housing market, even with elevated construction costs and the current pandemic, certain specialists demand lifting the restrictions on housing supply. In their opinion, more homes for sale will balance the supply and demand normalizing...

The national real estate market showed the fourth consecutive month of sales decreases, caused by a sharp supply drop even amid almost record high prices. According to the Canadian Real Estate Association (CREA), July saw home sales going down by 3.5%, while listings fell...

Today, numerous mortgage lenders and brokers all over Canada are working on new plans for clients whose mortgage deal closings will be affected by the new September 30 holiday. In May, the federal government passed Bill C-5 and created the National Day for Truth...