This week’s top stories include Canadian real estate prices are forecast to fall further, and banks wants more immigration to boost demand.
Oxford Economics expects Canadian home prices to fall further as rising mortgage rates, weak hiring, and stretched valuations weigh on demand.
Halifax home prices posted their second-largest monthly dollar drop on record as September new listings hit a six-year high, ...
Canadian mortgage credit growth posted its weakest August since 2013. BMO warns renewed rate hikes could add pressure to ...
Canada’s home prices fell more than 20%, but BMO says population growth may have masked the economic pain of the housing ...
GTA new home sales rose in September but remain historically weak. Single-family prices plunged $180k in four months, while condo sales hit a record low.
September Canadian inflation breached the BoC target at 3.1%. Regional CPI data reveals only Ontario and BC are below the ...
The PBO projects Canada's federal borrowing will outpace deficits 2-to-1, with debt servicing costs exploding to consume 1 in ...
National Bank warns Canada’s housing market needs higher immigration and foreign buyers to clear a record inventory of unsold homes and avoid a demographic cliff.
This week’s top stories include Canada's 2008-style housing crash, borrowing rates climb with US inflation, & 41 year old ...
There were a whopping 88,186 new listings that hit the market last month. It was 5.4% lower than last year, but remains the ...
Consumer (non-mortgage) credit climbed 0.2% (+$1.3 billion) to $835.7 billion in July, up 4.7% (+$37.6 billion) since last year. The growth rate remains higher than mortgages, and this isn’t one of ...
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