Housing market

Some Canadians would struggle to pay mortgages if rates rise Fallback Image Decorative pattern

Industry

Some Canadians would struggle to pay mortgages if rates rise

One in four Canadians say that if interest rates continue to rise, they'd struggle to pay their mortgages

By Staff |February 28, 2018

2 min read

U.S. builders struggling to meet housing demand Fallback Image Decorative pattern

Economic Indicators

U.S. builders struggling to meet housing demand

Groundbreakings on new homes jumped 9.7% last month in the U.S.

By Paul Wiseman, The Associated Press |February 16, 2018

2 min read

Vancouver drives house price index in January: National Bank Fallback Image Decorative pattern

Economic Indicators

Vancouver drives house price index in January: National Bank

Canadian house prices rose 0.3% in January, finds the Teranet–National Bank House Price Index. But the gain wasn’t broad-based: only four of the 11 constituent cities recorded increases in the month. Read: Explain new lease agreements to residential landlords in Ontario The main contributor was Vancouver (+1.2%), followed byVictoria (+1.0%), Toronto (+0.2%) and Montreal (+0.1%). […]

By Staff |February 14, 2018

2 min read

Best Canadian cities for economic growth Fallback Image Decorative pattern

Economic Indicators

Best Canadian cities for economic growth

The Canadian city with the largest economic upswing in 2017 was Hamilton, Ont., finds National Bank’s metropolitan economic momentum index (MEMI). The MEMI gauges economic growth in census metropolitan areas, with an emphasis on their fiscal capacity. Hamilton’s MEMI rose 5.1% on a year-over-year basis in Q4, buoyed by employment gains and non-residential construction. Read: […]

By Staff |February 5, 2018

1 min read