“Sticky” core inflation raises the odds of a January rate hike: economists
Ottawa New ListingsCanada’s headline inflation reading continued to fall in November, but core... read more
A $200,000+ income is now needed to qualify for an average mortgage in Toronto & Vancouver
Ottawa New ListingsHigh home prices and rising interest rates over the course of 2022 have mad... read more
The average rent in Canada has surpassed $2,000
Ottawa New ListingsThe cost of rent in Canada has been on an uptrend since the pandemic, and i... read more
Home sales and prices fell further in November
Ottawa New ListingsHome sales resumed their decline in November following a pause in October, ... read more
OSFI leaves mortgage stress test unchanged
Ottawa New ListingsCanada’s banking regulator confirmed today it will leave the mortgage stres... read more
OSFI unlikely to tweak the mortgage stress test tomorrow
Ottawa New ListingsCanada’s banking regulator is set to announce the results of its annual rev... read more
“Much higher” interest rates will be needed if inflation sticks, says Macklem
Ottawa New ListingsThe Bank of Canada’s interest rate hikes this year have “begun to work” to ... read more
Long-term prospects for Canadian home prices are positive
Ottawa New ListingsThe decline in national home prices this year will not turn into a prolonge... read more
National Bank to bring back its mortgage portability feature this week
Ottawa New Listings National Bank of Canada made headlines last week af... read more
The Latest in Mortgage News: Bank of Canada “still prepared to be forceful”
Ottawa New Listings The Bank of Canada has indicated its future rate de... read more
Was this the Bank of Canada’s last rate hike?
Ottawa New Listings Despite delivering a half-point interest rate hike ... read more
November data show housing markets are still in “correction mode”
Ottawa New Listings The housing slowdown continued in November with hom... read more