Housing market Financial News

15.09 / 15:41

interest rate Bank of Canada Canada housing market housing market Home prices Home sales fell in August. Why that might be good news for buyers

Prospective homebuyers had “more choice” in Canada’s housing market in August as a rise in new listings met a slowdown in activity, according to the national real estate association.

05.09 / 18:43

interest rate Bank of Canada Canada housing Canada housing market housing market Home prices fall As interest rate decision looms, here’s what to expect in the fall housing market

Canada’s housing market could face a chill this fall as prospective buyers and sellers wait to see where the Bank of Canada’s interest rate path will head, according to new polling released Tuesday.

31.08 / 18:51

Interest rates interest rate Bank of Canada Canada housing Canada housing market Bank of Canada rate housing market Why some Canadians are ‘pooling their resources’ to afford a home

As rising interest rates are boxing many individual buyers out of Canada’s housing market, brokerage Royal LePage says in a new report that Canadians are increasingly teaming up with family and friends just to afford a home.

15.08 / 14:41

Canada housing Canada housing market housing market Home prices rate hikes ‘Back to the sidelines?’ How rate hikes affected July’s housing market

A slowdown in homebuying activity is giving Canada’s housing market time to build up inventory, according to the country’s real estate association.

23.07 / 05:39

Interest rates Canada housing market Bank of Canada rate housing market rate hikes ‘Increasing demand’ for secondary units as homebuyers grapple with rate hikes

As Canadians grapple with interest rate hikes and high mortgage payments, there is a growing demand for houses with secondary units, like basement apartments and laneway homes, real estate experts say.

18.07 / 08:11

interest rate Bank of Canada Canada housing market housing market Rents dwarf minimum wage in every province. Rising interest rates aren’t helping

Pressure from higher interest rates and a lack of affordable housing means renters living on minimum wage in almost every neighbourhood across Canada are falling behind, a new report shows.

16.07 / 01:15

interest rate Canada housing market Bank of Canada interest rate housing market Canada’s housing market keeps changing. How to navigate the bidding process

This article is part of Global News’ Home School series, which gives Canadians the basics they need to know about the housing market that they never learned in school.

15.07 / 13:49

Real Estate inflation Interest rates Canada housing Canada housing market Canada News housing market Looking to buy a cottage this summer? Here’s where prices are dropping

As the weather heats up in Canada, cottages prices are cooling down, but sticky inflation and soaring interest rates are dampening plans for prospective first-time buyers, real estate experts say.

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