Tag: Bank of Canada interest rates
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Nearly 8 Out of 10 Dollars Canadians Owe Is Mortgage Debt – StatCan Warns of Rising Risk
Canadian real estate is once again fueling household debt, with new data from Statistics Canada showing mortgages now make up a record share of total borrowing. As of August 2025, nearly 8 in 10 dollars of household credit are tied to mortgages, a concentration that’s increasing economic risk despite slower overall borrowing. Canadian Household Debt Tops $3.13 Trillion Canada’s…
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As Canada’s Housing Market Sees Gradual Recovery, Ontario Home Prices Will Remain Under Pressure: RBC Report
Canada’s housing market is showing signs of a gradual recovery in the second half of 2025, but Ontario home prices are expected to remain under pressure until at least early 2026, according to a new RBC Economics report. The report highlights a significant shift in supply-demand conditions in Ontario, with more homes for sale than at any point since June 2010. This…
Canada Housing Market 