Market Watch

Prices for Canada’s new housing were up 0.7% in May, driven by a 1.1% increase for Toronto Read more

There was a 9.6% drop in home sales in British Columbia last month compared to June 2016 but the 11,671 units sold is still above long-term averages Read more

The Bank of Canada has not achieved its inflation target but that’s set to change with housing and mortgages playing their part in the rise Read more

They’re more likely to make compromises on their expectations or delay their home purchases to save higher down payments Read more

Canada’s banks have moved quickly to increase their base lending rates following the BoC’s decision Wednesday Read more

With recent introductions of mortgage stress tests and the interest rate rise from the BoC, the CEO of the Ontario Real Estate Association is urging caution Read more

Home Capital Group has announced its new chief executive, a 30-year mortgage industry veteran Read more

Homeowners with various debts could experience increased financial stress, local brokers warn Read more

The insured mortgage market is shrinking, partly because the government now limits its backing to houses valued at less than $1m Read more

The stress tests on mortgages, introduced last fall by the federal government, is pushing some homebuyers into uninsured lending options Read more

Housing starts increased in June to a six-month average trend of 215,459, up from 214,570 in May Read more

Special mortgage payment arrangements are available for homeowners in British Columbia affected by the wildfires Read more

While sales will see a short-term spike, the long-term effects may be less rosy Read more

Sales of homes priced at $1 million or more were up sharply in the GTA in the first half of 2017 while Vancouver felt the impact of the foreign buyers’ tax Read more

More than a quarter of Canadians with a mortgage are struggling according to a new report from MNP Read more

The vacancy rate for offices in Downtown Toronto has slipped below 4 per cent for the first time Read more

The hikes come in anticipation that the central bank will boost its trend-setting overnight rate on Wednesday Read more

These risks would add financial stress to households already carrying record levels of debt Read more

Would-be homebuyers in the Toronto market are cautious following the introduction of the Ontario Fair Housing Plan, but it seems that won’t delay their move long-term Read more

June’s sales figures from Winnipeg Realtors were just two transactions shy of last year’s record high Read more