US Home Sales Hit Lowest Pace Since 2010 Despite Easing Mortgage Rates
Existing home sales in the United States declined to their slowest annual pace in nearly 14 years during September, with
Read more
Housing
Federal Government Unveils Controversial Secondary Suite Financing Program
Canada’s Department of Finance has unveiled a change to mortgage insurance rules, set to take effect on January 15, 2025.
Read more
Bank of Canada Reports Rising Vulnerabilities in Housing Market
The Bank of Canada has released its latest quarterly data on indicators tracking vulnerabilities in the Canadian housing market and
Read more
Canadian Housing Market Stagnates Despite Rate Cuts
The Canadian housing market continues to show signs of stagnation, despite recent interest rate cuts by the Bank of Canada.
Read more
Is Rent Higher Because Investors Are Buying Up US Housing Stock?
In the first quarter of 2024, real estate investor purchases of US homes increased by 0.5% compared to the previous
Read more
Toronto Condo Market Slowdown: Sales Fall, Listings Surge in Q2 2024
The Toronto condo market experienced a notable decline in the second quarter of 2024, with sales dropping nearly 20% compared
Read more
Trudeau: “Housing Isn’t A Primary Federal Responsibility”
Canadian Prime Minister Justin Trudeau addressed the issue of soaring housing costs, acknowledging some of the factors contributing to the
Read more
Fewer than 10% of Canadians Can Afford A House
Toronto-based economist Will Dunning climbed up on a soapbox over at the Globe and Mail recently to lament the fact
Read more