British Columbia

Canada’s Housing Market Is Showing Signs Of Life After A Slow Start To Spring

Canada’s housing market may finally be gaining momentum after a sluggish start to 2026. New data from the Canadian Real Estate Association (CREA) shows national home sales jumped 5.5% between April and May, marking the strongest month-over-month increase so far this year. The rebound comes after months of weak activity that left many wondering whether…

Canadian Home Sales Jumped 5.5% In May But Home Prices Are Still Falling

Canada’s housing market showed signs of life in May, with home sales posting their largest monthly increase this year. However, despite the surge in activity, home prices continue to trend lower across much of the country. New data from the Canadian Real Estate Association (CREA) shows national home sales rose 5.5% between April and May…

Canada’s Population Has Fallen by More Than 230,000 People Since Its Peak

Canada’s population continues to decline after a period of record-breaking growth, according to new data from Statistics Canada. The latest population estimates show Canada’s population fell by approximately 55,000 people in the first quarter of 2026, marking the third consecutive quarterly decline. While the country’s population remains above 41 million people, it has now fallen…

Canadians Are Fleeing the Country at the Highest Rate in Over 70 Years

Canada is experiencing record levels of emigration, with new data showing more citizens and permanent residents are leaving the country than at any point in over seven decades. According to Statistics Canada, an estimated 30,092 Canadians emigrated during the first quarter of 2026. The figure represents a 0.9% increase from the same period last year…

CMHC Says Development Charges Can Add Over $100K to New Homes

New homes in Canada are expensive for many reasons, from land costs and labour shortages to financing, materials, and taxes. But one cost is getting more attention from housing experts: development charges. According to Canada Mortgage and Housing Corporation, development charges can add $40,000 to more than $100,000 to the cost of a new home…

Canadian Housing Starts Fell 6% in May as Supply Concerns Continue

Canada’s housing construction pulled back in May, raising fresh questions about whether the country is building enough homes to improve affordability. According to Reuters, citing new data from Canada Mortgage and Housing Corporation, Canadian housing starts fell 6% in May from the previous month. The seasonally adjusted annualized rate dropped to 261,377 units, down from…

What the Bank of Canada’s Latest Rate Hold Means for Housing

The Bank of Canada has held interest rates steady again, leaving many Canadian homebuyers wondering whether mortgage relief is actually coming this year. On June 10, 2026, the Bank of Canada held its target for the overnight rate at 2.25% for the fifth consecutive meeting. The Bank Rate remains at 2.5%, while the deposit rate…

Canadian Household Debt Is Becoming Even More Concentrated in Mortgages

Canadian household debt continues to climb, but new data suggests the bigger issue may be where that debt is concentrated. According to Statistics Canada data highlighted by Better Dwelling, Canadian household debt reached $3.24 trillion in March 2026, with mortgage debt making up nearly three-quarters of the total. Household Debt Hit $3.24 Trillion Canadian households…