Canadian Household Wealth Just Hit $19.1 Trillion, But Most Financial Assets Are Owned By The Richest 20%
Canadian households are collectively wealthier than ever, but new data shows those gains are far from evenly distributed. Household net worth in Canada climbed to a record $19.1 trillion in the second quarter of 2026, according to new Statistics Canada data released September 11. That was a 2.9% increase in just three months, driven largely…
A Record Number Of Homes Just Hit The Market In PEI
Prince Edward Island’s housing market just hit a new record, but it might not be the kind homeowners were expecting. A total of 360 new residential listings hit the PEI market in August 2026, making it the highest number of new listings ever recorded during the month of August, according to the latest data from…
What $600K Gets You In Toronto vs Vancouver vs Atlantic Canada Right Now
A $600,000 home-buying budget can get you a dramatically different property depending on where you live in Canada. In downtown Toronto, around $600,000 can get you a two-bedroom condo. In Vancouver, the same budget can mean a one-bedroom condo measuring just over 600 square feet. But head east to Atlantic Canada and suddenly buyers are…
The Bank Of Canada Just Warned Interest Rates Could Go Up More Than Once
Canadians who have been waiting for interest rates to fall could be in for a surprise, because the Bank of Canada is now warning that rates may need to go up again. The Bank of Canada held its policy interest rate at 2.25% on September 2, keeping it unchanged for another meeting. But what Governor…
Every Province Ranked by Housing Affordability in Canada
Housing affordability looks very different depending on where you live in Canada. In some provinces, average home prices remain below $400,000. In others, buyers are still facing price tags close to or above $800,000, even after several years of market cooling. Based on the latest available provincial home price data, here is how every Canadian…
Canada’s Housing Market Has Now Seen Its Largest Price Correction In History
Canada’s housing market has experienced one of the most dramatic booms in history, and according to new data, it’s now experiencing its largest correction on record. New figures from the Bank for International Settlements (BIS) show national home prices have fallen significantly since peaking in early 2022. Once inflation is factored in, prices have dropped…
Bank of Canada Expected To Hold Rates This Week. Here’s What It Means For Ontario Homebuyers
All eyes will be on the Bank of Canada this Wednesday as policymakers announce their latest interest rate decision, a move that could influence mortgage rates, homebuyer confidence, and the direction of Ontario’s housing market. While many prospective buyers have been hoping for another rate cut, economists overwhelmingly expect the central bank to leave its…
The Cheapest Places to Retire in Canada Based on Housing Costs
Retirement looks a little different for everyone, but one thing almost every Canadian retiree has in common is wanting to make their money go further. With housing remaining one of the biggest expenses for Canadians, many retirees are choosing to relocate to communities where they can buy a home for hundreds of thousands of dollars…
