Category: East Coast
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Inflation Just Jumped in Canada – Here’s What It Means for Mortgage Rates
Canada’s inflation rate has moved higher again, adding new uncertainty to the outlook for interest rates and the housing market. The latest data shows inflation rising to 2.4%, with a sharp increase in gasoline prices playing a major role in the jump. Inflation Rises Faster Than Expected New data shows Canada’s inflation rate climbed to…
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Bank of Canada Just Appointed Two New Deputy Governors – Here’s What It Could Mean for Housing
A new leadership update at the Bank of Canada could have important implications for Canada’s housing market. The central bank has appointed two new deputy governors, signaling continuity in its approach to inflation and monetary policy at a time when interest rates remain the biggest driver of real estate activity. Bank of Canada Appoints Two…
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Canada’s Spring Housing Market Is Off to a Slow Start in 2026 as Prices Stall
Canada’s housing market is showing signs of slowing again, with new data suggesting the spring season has started weaker than expected. Despite expectations for a rebound, early indicators point to a market that is stabilizing rather than accelerating, with price growth remaining limited and activity still subdued. Home Prices Are Showing Minimal Growth Recent data…
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Canadian Housing Starts Fall 6% in March, Missing Expectations
Canada’s housing supply outlook took another hit, with new data showing a decline in construction activity heading into the spring market. According to the Canada Mortgage and Housing Corporation, housing starts fell in March, raising concerns about whether supply can keep up with long-term demand. Housing Starts Decline in March The latest data shows that…
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CREA Cuts Forecast Again as Canadian Home Prices Expected to Stay Flat for Years
Canada’s housing market outlook has been downgraded again, with new projections suggesting both sales and prices could remain largely stagnant for the next several years. The latest forecast from the Canadian Real Estate Association shows weaker-than-expected activity to start 2026, leading to significant revisions in both sales and price expectations. Home Sales Forecast Slashed for…
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More Than Half of Canadians Say They’re Not Living in Their Ideal Home, New Report Finds
A new report suggests a growing gap between what Canadians want in a home and what they can actually afford. According to a recent study from Century 21 Canada, more than half of Canadians say they are not living in their ideal home, with affordability emerging as the biggest barrier preventing people from upgrading or…
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Canadians Are Now Spending Over 60% of Their Income on Housing in Some Cities
Housing affordability in Canada is reaching new extremes, and in some cities, it’s no longer just a stretch, it’s becoming unsustainable. New data suggests that in major urban centres, many households are now spending more than 60% of their income on housing costs, far above what experts consider affordable. What “Affordable Housing” Is Supposed to…
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Home Prices Are Falling in Canada’s Most Expensive Cities – But It’s Still Not Enough
Canada’s housing market is showing signs of softening, especially in its most expensive cities, but for many buyers, affordability is still out of reach. New data and expert analysis suggest that even with slight price declines, the market remains difficult to enter, particularly for first-time buyers. Prices Are Dropping – But Only Slightly Recent forecasts…
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38% of Canadian Landlords Say They’re Losing Money – New Report Reveals Growing Pressure
A new report is challenging one of the biggest assumptions about Canada’s housing market. Despite record-high rents in many cities, a growing number of landlords say they’re not making money – and some are losing it. What the Data Shows According to a 2026 rental market report from liv.rent: This suggests that the majority of…
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Canadian Banks Now Relying on Home Sales to Recover $7B in Losses
Canada’s housing downturn is beginning to show up in a new and concerning way. According to a recent report from Better Dwelling, Canadian banks are increasingly relying on selling homes from delinquent borrowers to recover losses, with billions now tied to distressed real estate. New data suggests this trend is accelerating quickly. Banks Now Expecting…
Canada Housing Market 