Tag: Canadian real estate market 2025
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Canadian and US Real Estate Affordability Improved, Still Near Record Lows

Housing affordability is finally showing signs of life in both Canada and the United States. A new report from BMO Capital Markets shows that falling home prices and lower borrowing costs have pushed affordability to a multi-year high in both countries. However, the bank warns that the improvement is modest and affordability remains near multi-generational lows. In…
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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…