Tag: real estate canada news
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Building Homes in Canada Is Still Getting More Expensive
The cost of building homes in Canada continues to rise, adding pressure to an already strained housing market. New data shows that residential construction costs are still increasing, creating further challenges for developers and limiting the pace of new housing supply. Construction Costs Continue to Rise Recent data from Statistics Canada shows that residential construction…
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Canada’s Housing Market Is Now Hurting the Economy
Canada’s housing market is no longer just a real estate story, it is now having a measurable impact on the broader economy. New data suggests that falling home values and slower housing activity are beginning to weigh on consumer spending and economic growth across the country. Home Prices Remain Below Peak Levels Despite some recent…
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Bank of Canada Expected to Hold Rates at 2.25% on April 29, 2026
Canada’s interest rate outlook is coming into sharper focus, with economists expecting the Bank of Canada to hold its key policy rate steady. With inflation still within target and economic uncertainty lingering, the central bank is showing little urgency to either cut or raise rates in the near term. Rates Expected to Hold Around Current…
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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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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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Vancouver Home Prices Rise Slightly as Inventory Hits 13-Year High
Canada’s housing market is showing mixed signals once again, this time in one of the country’s most expensive regions. New data from Greater Vancouver Realtors shows that home prices increased slightly in March, marking the first monthly gain in a year. However, the broader picture suggests the market remains under pressure, with weak demand and…
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Gas Prices Just Spiked – Here’s Why That Could Hurt Homebuyers
Canada’s housing outlook just took another unexpected turn. After months of cooling inflation and expectations that mortgage relief was on the way, a sudden surge in gas prices is now threatening to reverse that trend and put pressure back on borrowers. According to BMO Capital Markets, gas prices jumped roughly 21% in March, marking the…
Canada Housing Market 