Average rents in Canada may have declines for the third consecutive month, but they still remain 9.7% higher compared to a year ago.
Borrowers are now spending roughly $1 out of every $13 of their disposable income on servicing their mortgages. That’s according...
Job growth is usually celebrated as a sign of a strong economy, but it's not the kind of thing the Bank of Canada wants to see as it struggles to bring down inflation.
A new survey has found that 53% of Canadian mortgage borrowers are concerned about the prospect of higher monthly payments at renewal time.
Rising interest rates and the overall higher cost of living are causing a large number of Canadians to postpone their homebuying plans.
Prospects for the Bank of Canada's desired "Goldilocks" outcome of a soft landing for Canada's economy is growing dimmer, according to a new report from RBC.
Canadian borrowers applied the brakes to mortgage borrowing in the second quarter while ramping up non-mortgage debt.
After taking a breather in June, rent prices continued to trend upward in July, rising 2.6% in the past month.
The average rent in Canada took a breather in June, dropping slightly compared to May, according to data from Rentals.ca....
Rapidly rising interest rates and other economic headwinds mean it's becoming increasingly likely Canada will enter into a recession.