Housing market

Changing amortization, cap on insured mortgages not the answer to affordability: CMHC Fallback Image Decorative pattern

Economic Indicators

Changing amortization, cap on insured mortgages not the answer to affordability: CMHC

Extending amortization may serve to drive prices higher

By Tara Deschamps, The Canadian Press |June 19, 2023

3 min read

Housing affordability will deteriorate unless we act soon: CMHC chief economist Fallback Image Decorative pattern

Economic Indicators

Housing affordability will deteriorate unless we act soon: CMHC chief economist

Lack of purpose-built rentals remains a major challenge

By Tara Deschamps, The Canadian Press |June 16, 2023

4 min read

Home sales in May post first year-over-year increase since June 2021 Fallback Image Decorative pattern

Market Insights

Home sales in May post first year-over-year increase since June 2021

CREA data suggest a marked shift away from sluggish sales and slumping prices

By Tara Deschamps, The Canadian Press |June 15, 2023

2 min read

How population growth is affecting everything from jobs to housing in Canada Fallback Image Decorative pattern

Economic Indicators

How population growth is affecting everything from jobs to housing in Canada

Population growth may be interfering with the BoC's efforts by propping up demand in the housing market

By Nojoud Al Mallees, The Canadian Press |June 13, 2023

4 min read