Category: East Coast
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Canada’s Rental Crisis Moves East: Nova Scotia Now Least Affordable Province

Canada’s rental market shows signs of improvement overall, but the picture varies widely across the country. A recent Rentals.ca report indicates that while the rent-to-income gap has narrowed slightly since peaking in early 2023, affordability remains a challenge for most provinces. Only Alberta meets the commonly used threshold for affordability, where median households spend 30% or less of their…
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Canadian Commercial Real Estate Investment Could Reach $56B in 2026, CBRE Forecast Says

February 8, 2026 Investment in Canadian commercial real estate is expected to rebound in 2026, according to a new outlook from CBRE, which projects property investment volume could climb to approximately $56 billion this year. That would represent an increase of more than 8 percent compared with 2025, signaling renewed confidence across several major commercial…
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Canadian Mortgage Arrears Hit A 5-Year High

February 3, 2026 Canadian households are starting to feel the strain of higher borrowing costs, and the country’s major banks are seeing it show up in their books. New data from the Canadian Bankers Association (CBA) reveals that the national mortgage arrears rate increased again in November, reaching its highest level in five years. While…
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Nova Scotia Sees Canada’s Largest Home Price Drop as PEI and Quebec Defy the Market

February 1, 2026 Most Canadian housing markets have so far held up better than expected during the national downturn – but cracks are starting to show. New data from the Canadian Real Estate Association (CREA) reveals that home prices fell again in December, with only Prince Edward Island and Quebec managing to post gains. While…
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Canadian Building Investment Hits Record – But Homeownership Isn’t Growing

January 25, 2026 Canadian building investment just surged to an all-time high, but a closer look at the data suggests the apparent construction boom is being driven by a very narrow segment of the market. New figures from Statistics Canada show investment is overwhelmingly concentrated in corporate-owned rental developments, particularly in Ontario, raising questions about…
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Canadian Incomes Improved, But Most Households Expect Life to Get Worse in 2026: MNP

January 19, 2026 Despite recent gains in income, Canadians are entering 2026 with growing pessimism about their financial future. New survey data from MNP’s Consumer Debt Index shows that most households expect rising costs, worsening housing affordability, and mounting economic pressure in the year ahead. While some Canadians are actively adjusting their finances, a large…
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Canadian Rents Just Fell at the Fastest Pace in Four Years

January 18, 2026 Canada’s housing slowdown is now clearly spilling into the rental market. New data from Rentals.ca shows average asking rents fell again in December, marking the steepest annual decline in four years and pushing national rents to their lowest level since mid-2023. However, the pullback is far from uniform. Nearly all of the…
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Canadian Rental Vacancies Are Rising, But Rents Still Outpace Wages: CMHC

Canada’s rental market is showing early signs of relief on supply, but affordability remains firmly out of reach for many tenants. New data from the Canada Mortgage and Housing Corporation (CMHC) shows rental vacancy rates climbed sharply in 2025, reaching their highest level in four years. Despite this increase, rents continue to rise faster than…
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Canadian Mortgage Arrears Hit a 5-Year High

Canadian mortgage arrears climbed to their highest level in five years in October 2025, according to new data from the Canadian Bankers Association (CBA). At the same time, Canada’s largest banks are holding fewer mortgages overall, a rare contraction that suggests lenders are actively reducing exposure as borrower stress builds. While headline arrears rates remain…
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Some Canadian Snowbirds Want Out of Florida, But a Weak Housing Market Is Making It Hard to Leave

For decades, Florida has been the winter refuge of choice for Canadian snowbirds. But as 2026 begins, a growing number of Canadians are rethinking their relationship with the Sunshine State. Political tensions, trade disputes, and shifting sentiment toward Canada are prompting some snowbirds to consider selling their U.S. properties, just as Florida’s housing market turns…