Tag: finance
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Canada’s Mortgage Delinquencies Are Rising: What the Five Year High Means for Homeowners
Canada’s housing market is facing a growing financial pressure point. Mortgage delinquencies are rising across the country as higher borrowing costs continue to impact homeowners. Recent data shows Canada’s mortgage arrears rate has climbed to roughly 0.26 percent, approaching a five year high. While that number may appear small, the trend is attracting attention from economists…
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How Much Property Taxes Cost Across Ontario in 2026 – What Homeowners Are Paying
Last updated March 2026 Property taxes are one of the biggest ongoing costs of owning a home in Ontario. Unlike mortgage rates, which fluctuate with interest markets, Ontario property taxes are set every year by your local municipality and used to pay for schools, roads, emergency services, transit and more. In 2026, many Ontario cities…
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What You Can Buy In Toronto At Different Budgets Right Now
Whether you are a first-time buyer or moving up the property ladder, here is a breakdown of what different budgets currently buy across the city as of February 15, 2026. This guide covers condos, townhomes, and detached homes so you can see how far your budget goes in today’s market. Click on the links to…
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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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Best GTA Suburbs for First-Time Home Buyers in 2026
February 2, 2026 Buying your first home in the Greater Toronto Area (GTA) has become increasingly difficult, but not impossible. While Toronto proper remains out of reach for most first-time buyers, several surrounding suburbs still offer relatively lower prices, better value per square foot, and more attainable entry points. Using recent regional market data, here…
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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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Ontario’s Housing Budget Cuts Explained: What Buyers, Renters, and Investors Lose in 2026
Ontario’s housing market has been under intense pressure for years, with skyrocketing home prices, limited rental supply, and growing affordability challenges. Now, budget cuts at the federal level are adding a new layer of complexity, sparking confusion and concern among homebuyers, renters, and investors alike. This article breaks down the housing budget cuts affecting Ontario…
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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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Even $100,000 Earners Are Being Priced Out of Ontario’s Housing Market
Earning a six-figure salary was once considered a clear path to homeownership. Today, even Canadians making $100,000 per year are struggling to afford a home in Ontario’s largest markets. A new analysis from real estate brokerage Zoocasa shows that households earning $100,000 annually can afford the average home in just four of Canada’s 18 major…
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Calgary Home Prices Ease, but Forecasts Suggest a Gentle Rebound
January 17, 2026 Calgary’s housing market cooled modestly toward the end of 2025, but new forecasts suggest prices are likely to edge higher by the end of 2026. While sales activity slowed and some segments posted year-over-year declines, Royal LePage expects improving seasonal conditions and gradual demand recovery to support modest price growth in the…
Canada Housing Market 