There are signs cropping up that the intense level of housing imbalance seen throughout the pandemic may finally be reaching a turning point.
Housing affordability has deteriorated in the country's largest urban markets for the fourth consecutive quarter.
It’s no secret that the only way many young homebuyers in major cities are able to afford their purchase is with help from their parents.
Flooding is not only a hassle to clean up, but there’s now hard data showing that it has a short-term impact on home prices.
Chartered banks saw mortgage originations grow by 11% in the third quarter, a growing percentage of which were uninsured mortgages....
Mortgages continued to lead all forms of credit growth as of the second quarter, rising over 45% compared to pre-pandemic levels, new data shows.
Even before fixed mortgage rates started rising last month, housing affordability continued to deteriorate in the third quarter.
Canada's housing market is showing signs of "returning to earth," with slower price growth expected for much of 2022.
As home prices have risen sharply in recent years, so too has the amount of down payment assistance parents are willing to give their kids.
Despite higher home prices and larger mortgages, monthly housing costs are currently lower for homeowners—on average—compared to renters.
