Housing market

Homeowners brace for mortgage payment shock amid higher-for-longer rate outlook Fallback Image Decorative pattern

Economic Indicators

Homeowners brace for mortgage payment shock amid higher-for-longer rate outlook

Banks and other lenders have been stretching out amortizations to reduce monthly payments

By Ian Bickis, The Canadian Press |October 2, 2023

3 min read

Feds unlock another $20 billion for low-cost rental construction financing: Freeland Fallback Image Decorative pattern

Industry

Feds unlock another $20 billion for low-cost rental construction financing: Freeland

The government is raising the limit on the Canada Mortgage Bonds program to $60 billion

By The Canadian Press |September 26, 2023

1 min read

National home sales fall between July and August as market slows National home sales fall between July and August as market slows

Economic Indicators

National home sales fall between July and August as market slows

But a return to housing affordability isn't imminent, says an economist

September 15, 2023

2 min read

Housing gap to restore affordability remains at about 3.5 million units: CMHC Housing gap to restore affordability remains at about 3.5 million units: CMHC

Economic Indicators

Housing gap to restore affordability remains at about 3.5 million units: CMHC

The supply picture has improved somewhat in Ontario, but has worsened in other provinces like Quebec, Alberta, and British Columbia

By The Canadian Press |September 13, 2023

1 min read