The deadline for Toronto homeowners to declare whether or not their property is occupied has been extended until the end of the month, Mayor John Tory has announced.

As we moved from 2022 into 2023, the Greater Toronto Area (GTA) housing market unfolded as expected. The number of January sales and the overall average selling price were ... More

An analysis of homeowners' loan-to-value ratios reveals resilient position despite challenges.

As Canadian homeowners grapple with the Bank of Canada's flurry of interest rate hikes, one in three say they won't be able to handle higher rates for long before they ... More

Multi-family housing sales in the GTHA continued its downward trend through the back half of 2022, with condo, townhouse and apartment sales levels all declining over 50 per ... More

While rates have been steadily climbing for variable mortgages, fixed mortgage rates have been moving in the opposite direction.

But the Bank of Canada has a tricky balancing act that cannot decimate real estate.

The Greater Toronto Area office market saw its vacancy reach double-digit levels during Q4 2022 amid markedly increased caution among stakeholders, who are still awaiting ... More

Local officials and investigators say that the trend is especially apparent in two provinces

The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity for 2023 and 2024. It’s predicting good news for the market in the coming ... More

The Bank of Canada hiked its key interest rate by a quarter of a percentage point Wednesday, bringing it to 4.5 per cent. Here's a look at what the rate means, how analysts ... More

Central bank signalled it would put the rate hiking cycle on pause - at least for now

The Bank of Canada on Wednesday hiked its key interest rate to 4.5%, the highest level in 15 years, and became the first major central bank fighting global inflation to say it ... More

Canada’s national arrears rate ticked up from its all-time low in October, according to data from the Canadian Bankers Association.

The Federal Reserve and Bank of Canada can afford to pause interest-rate increases now because inflation pressures are easing rapidly, according to a Bank of Montreal ... More

Economists don't believe the Bank of Canada is ready to hit the brakes on its interest rate-hiking cycle just yet, even as signs grow that inflation is easing and the ... More

New report highlights rent rate movements in major urban markets

An increasing number of Canadians appear to be tapping into their homes for extra cash.

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were up on a month-over-month basis in December 2022.

"They are in a very difficult situation in which they have to tell you they are done without telling you they are done"

Home prices in Canada likely won't drop much further due to the country's ongoing shortage of new homes, even as rising interest rates curb some demand in the market, ... More

Canada's banking regulator has unveiled three new regulatory proposals that could further restrict mortgage lending pending a just-launched consultation period.

National aggregate home price posts single-digit year-over-year decline in Q4 over 2021; double-digit growth compared to 2020 and 2019

The federal government is offering a new tax credit to help make it easier for Canadians to care for adult relatives in their own homes.

Municipalities in the GTA may see property tax hikes from 5% to 100% in the next year following the provincial government’s implementation of the More Homes Built Faster ... More

Homeowners and renters in Ontario pay some of the most expensive fees across the country, but a few cities in the province have more affordable prices.

In a new analysis of the Canadian commercial real estate market, the firm sees some potential for investors despite economic headwinds

Home Sales and Listings Down While Selling Price and Rent Up

Is federal policy the answer to the country's years-old housing affordability crisis?

Price corrections, launch delays and changing expectations are marking the first quarter of this year, and developers may want to get rid of balconies to save costs this ... More