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, ...
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.
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 ...
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.
September Canadian inflation breached the BoC target at 3.1%. Regional CPI data reveals only Ontario and BC are below the ...
This week’s top stories include Canadians are still flocking to Alberta and fleeing Ontario, and a summer job slump wipes out ...
This week’s top stories include Canada's 2008-style housing crash, borrowing rates climb with US inflation, & 41 year old ...
Canadian real estate demand just hit its weakest September level since 1994, spending almost 5 years to wipe out just 13 ...
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 ...