canadian housing Archives - Mortgage Rates & Mortgage Broker News in Canada

Regulations, ‘fragmented’ construction sector holding back housing starts: CMHC

May 16, 2024 No Comments

A study by Canada’s national housing agency says housing starts aren’t keeping pace with residential construction resources available due to restrictive regulations and a “highly fragmented” industry.

Photo: Brent Lewin/Bloomberg via Getty Images.

National Bank is cautiously optimistic interest rates will hold steady — and eventually drop — in 2023.

February 15, 2023 No Comments

National Bank economists argued in a recent webcast that all signs point to a soft landing by mid-year, with interest rates remaining in their current position.

2022 real estate and interest rate forecasts

2022 Housing and Interest Rate Forecasts

December 29, 2021 2 Comments

For the second straight year—and in the face of an ongoing pandemic—the Canadian real estate market has continued to defy gravity.

Housing market risk has risen only modestly, OSFI says

Residential Mortgage Credit Risk Has Risen “Only Modestly,” Says OSFI

November 23, 2021 No Comments

The head of the agency charged with overseeing Canada’s federally regulated lenders said today that residential mortgage credit risk has risen “only modestly.”

Affordability Worsened in Q2 as High Home Prices Persisted, Says RBC

October 7, 2021 No Comments

Despite historically low interest rates, housing affordability eroded in all major markets across Canada in the second quarter

National Housing Market Shows Signs of “Moderate” Vulnerability, CMHC Says

September 24, 2020 No Comments

At the national level, Canada’s housing market showed “moderate evidence of overvaluation” in the second quarter, according to the Canada Mortgage and Housing Corporation. “The

The Latest in Mortgage News: Time to Rethink the Stress Test

April 18, 2019 No Comments

The stress test is back in the crosshairs of industry analysts. Earlier this week, CIBC World Markets Deputy Economist Benjamin Tal released a report that

The Latest in Mortgage News – An Eye on Real Estate

March 29, 2019 2 Comments

A number of reports this month have provided some insight into the latest movements in Canada’s housing market. New data shows that home sales and

Rising Interest Rates a Headwind for Canada’s Housing Market

September 19, 2018 1 Comment

Rising interest rates and tighter mortgage lending rules may dampen the Canadian housing market in the coming months by reducing affordability for prospective buyers. That’s

National Home Sales at Five-Year Low

July 19, 2018 No Comments

National home sales fell 10.7% to a five-year low in June, the Canadian Real Estate Association reported. Prices have also softened by 1.3% to an

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