Feb 4, 2025 · Canada’s economy is booming… or not. Depends on whether you’re in economics or finance—or in academia or looking for a job. Statistics Canada (Stat Can) seasonally adjusted data shows the country added tens of thousands of …

Oct 4, 2024 · The Greater Toronto real estate rut continued last month. Toronto Regional Real Estate Board (TRREB) data shows the price of a typical home fell once again in September. Despite a mild improvement in sales, inventory climbed much faster helping to apply further downward pressure on prices. The benchmark is now within spitting distance of prices […]

Jan 16, 2025 · Canadian real estate sales are picking up but prices haven’t budged, and they aren’t expected to in the near future. BMO Capital Markets believes the Great Canadian real estate stagnation may have just kicked off. Despite a sharp cut to interest rates and normalization of buyer volumes, prices are still moving sideways. Those expecting a […]

Jan 28, 2025 · Canada’s central bank slashed its key interest rate, as widely expected—but went even further. Earlier today, the Bank of Canada (BoC) announced it would slash the overnight rate by 25 basis points (bps), as well as end its quantitative tightening (QT) program pre-maturely.

Dec 23, 2024 · Canada’s economy continues to outperform, and received further revisions of prior data. Statistics Canada (Stat Can) data shows real gross domestic product (GDP) showed surprising growth in October, coming in 3x expectations as real estate returned as a driver. September data has also been revised to show double the growth originally reported, indicating the economy […]

Jan 22, 2025 · Canada is still in a deep winter freeze, but the market is shaping up for an interesting Spring. National Bank of Canada (NBF) found that real estate inventory proved more resilient than sales in December. That inventory might be even higher this Spring, as frustrated sellers cancel 1 in 5 listings without a sale. Many […]

Mar 23, 2016 · Canada’s fastest growing real estate news site. Featuring the latest in Toronto and Vancouver real estate news, listings, and opinions.

Jan 5, 2025 · Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Banks See Mortgages In Arrears Climb Despite State Intervention Canadian banks are seeing mortgages in arrears climb despite extensive measures to suppress them. Canadian Bankers Association (CBA), an industry-run trade group, data shows that more residential borrowers are falling behind on […]

Dec 27, 2024 · Back in October, government workers were ordered back into the office to bolster real estate demand. A month after most workers were ordered back, real estate markets have re-entered overheated territory. Canadian Real Estate Association (CREA) data shows the sales to new listings ratio (SNLR) increased in November. This time the rally is driven by […]

Jan 15, 2025 · Canadian real estate sales are returning to normal, but prices suffered another setback last month. Canadian Real Estate Association (CREA) data shows the price of a composite benchmark, or typical, home, fell in December. Despite demand returning and an ambitious start to 2024, the year closed out with losses doubling the rate seen a month prior.