Canadian Housing Market Stagnates Despite Rate Cuts
The Canadian housing market continues to show signs of stagnation, despite recent interest rate cuts by the Bank of Canada.
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Canadian real estate
Canada’s Average Rental Asking Price Reaches Record High With BC Topping The List
The average asking rental price in Canada surpassed $2,200 to reach a record high in May, according to a new
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Richmond Real Estate Professionals Hit with $300K in Fines in Fraudulent Property Sale
Real estate professionals and a brokerage are facing hefty fines totaling over $300,000 in connection to the unauthorized sale of
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OSFI Sticks With Loan-To-Income, Drops Debt-To-Income On Mortgage Underwriting Rules Overhaul
Canada’s primary banking regulator has decided to shelve certain critical proposals designed to strike a balance between safeguarding homebuyers from
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Investor Influence in Canadian Housing Market Surges to 30% in 2023
Investors are increasingly shaping Canada’s housing market, with their influence growing steadily, according to recent data from the Bank of
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Justin Trudeau Drops GST From New Rental Builds
In an upcoming announcement, Prime Minister Justin Trudeau is set to declare the removal of the GST on the construction
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Canadian Homebuilders Face Headwinds: Interest Rates, Labor Gaps, and the Urgent Need for More Homes
In a critical period when Canada needs to ramp up its housing production, the construction industry appears subdued. According to
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Canadian Housing Starts Trend Line Rises Again in July
It appears that construction intentions across Canada’s real estate market still remain robust amid the high interest rate environment. According
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Surge in Move-Up Buyers Boosts Canadian Housing Market Between BoC’s Rate Hikes
The Canadian residential property market witnessed a surge of activity in Q2 2023, driven by move-up buyers, according to a
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CMHC: Housing Starts See Major Boost in June Thanks to Construction Activity in Toronto and Vancouver
Canada’s housing sector saw a substantial uptick in June, reversing a months-long declining trend. According to the CMHC, the standalone
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