Tag: real estate
-
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 thatās increasing economic risk despite slower overall borrowing. Canadian Household Debt Tops $3.13 Trillion Canadaās…
-
Ontario Backs Away From 1.5 Million Homes Target – New Housing Bill Explained

Ontario introduced a new housing bill to speed up approvals and reduce costs, but the government is now non-committal about hitting its 1.5 million homes in 10 years target. Hereās whatās in the bill, why it matters, and the latest housing start data. Quick takeaways What the minister said Municipal Affairs and Housing Minister Rob…
-
Canada Inflation Watch – The Core Data Canadians Need to See

Canadaās CPI rose in September, with food, rent, property taxes, and mortgage interest leading the gains. What raised eyebrows is what was not highlighted – the Bank of Canadaās preferred core inflation metrics. Here is a clear, data-focused look at what the latest CPI means. Key takeaways Note: All figures are as described in the…
-
Edmontonās Housing Surprise: Prices Up, But Affordability in Crisis

Edmontonās housing market is defying expectations, prices are rising, yet affordability has never felt worse. While average home values have climbed more than 5% year-over-year, wages and borrowing power arenāt keeping up, leaving many buyers and renters struggling to keep pace. Edmontonās Market Snapshot (Sources: Nesto.ca, WOWA.ca) Why Prices Are Rising 1. Limited Supply in Desirable AreasDemand for…
-
Halifax-Dartmouth Housing Market Update – September 2025

Halifax-Dartmouth home sales dipped slightly in September 2025, but prices held steady at a median of $540,000. See full stats on sales, listings, and local market trends.
-
Calgary Housing Market Update – October 2025

In Calgaryās 2025 real estate scene, not all homes are performing the same. Some segments are cooling, others holding firm. Letās look at two key property types: townhouses and condo apartments. š Townhouses: Average Price Down 2.3% YoY (~$457,000) š¢ Condos: Slight Uptick – +0.4% to ~$349,000 šļø Broader Market Context & Trends š§ What…
-
Half of Young Canadians Now Spend Over 50% of Their Income on Rent

A new survey shows that almost half of young Canadians are putting the majority of their income toward rent, highlighting the affordability crisis facing renters across the country. Rent Costs Exceeding Income Benchmarks For decades, financial advisers have recommended keeping housing costs around one-third of household income. But according to a 2025 survey by Rentals.ca,…


