Canadian home sales fell 2.3 per cent in September compared with August, as higher mortgage rates made buyers more cautious, according to the Canadian Real […]
Tag: Housing market
Ontario city records highest mortgage delinquency rate in Canada
New data from Equifax shows mortgage delinquency rates are rising across Ontario, with missed mortgage payments increasing 52 per cent in the first quarter of […]
Canadian Average Asking Rents Drop to 17-Month Low in December
Average asking rents across Canada fell to $2,109 in December on a year-over-year basis, marking a 17-month low, according to a new report. The monthly […]
Canadian Real Estate Market Witnesses Surge in Available Properties
In Canada’s housing market, a notable trend seems to be emerging, with the volume of available listings steadily increasing. April witnessed a significant surge, marking […]
Quebec sawmills face financial losses amid declining demand for lumber.
Sawmills across Quebec have been operating at a loss for over a year due to the decline in demand for lumber, as per industry experts. […]
Bank of Canada Rate Cuts Signal ‘Turning Point’ for Housing Market.
After a cautious year marked by changing expectations driven by increased borrowing costs, economists anticipate a potential rebound for the Canadian housing market in 2024. […]