Tag: real estate
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Canadian Mortgage Rates Could Climb as Bond Yields Hit Highest Level Since 2010
Canadian mortgage borrowers may be facing renewed rate pressure, even as underlying inflation shows signs of cooling. According to BMO commentary highlighted by Better Dwelling, long-term Government of Canada bond yields have climbed to their highest level since 2010, raising concerns that borrowing costs could remain elevated or move higher. Long-Term Bond Yields Hit a…
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Desjardins Says Some Canadian Cities Have Become “Impossibly Unaffordable”
A new housing affordability warning from Desjardins is drawing attention across Canada after the bank suggested some major cities have entered what it calls “impossibly unaffordable” territory. According to the report, homeownership in cities like Vancouver and Toronto is increasingly moving out of reach for average households as housing costs continue to far outpace incomes.…
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GTA Condo Market Hits Historic Slowdown As Only 246 New Condos Sold In Q1
Toronto’s condo market is continuing to face major pressure in 2026, and new data suggests conditions may be reaching historic lows. According to Urbanation data, only 246 new condos sold across the entire Greater Toronto Area during the first quarter of 2026. At the same time, more than 4,300 completed condo units reportedly remained unsold.…
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Canadian Home Prices Are Near Record Highs in All but 2 Provinces
Canada’s national housing market may look like it has gone through a major correction, but new data suggests that most provinces have barely seen prices pull back from record highs. According to Canadian Real Estate Association (CREA) data highlighted by Better Dwelling, home prices rose in nearly every province in April 2026. While the national…
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A Real Estate Firm Just Bought $30M Worth of Unsold Toronto Condos as the Market Slows
Toronto’s struggling condo market may be creating new opportunities for large investors. A Canadian real estate company has reportedly purchased roughly $30 million worth of unsold condominium inventory in downtown Toronto as the GTA condo market continues facing weaker demand, slower sales activity, and growing inventory levels. The bulk purchase is adding to growing signs that institutional…
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Canadian Homeowners Have Lost Nearly 20% of Home Value Since 2022 Peak
Canada’s housing market downturn has now erased a significant portion of the gains seen during the pandemic-era housing boom. According to recent housing market analysis and benchmark price data, many Canadian homeowners have seen home values fall nearly 20% from peak levels reached in early 2022 as higher interest rates and weaker buyer demand continue…
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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 May 22, 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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Canada Hits Worst Insolvency Levels Since The Financial Crisis – Here’s What It Could Mean For Canadians
Canada is seeing its highest insolvency levels since the 2009 financial crisis, according to new data from the Canadian Association of Insolvency and Restructuring Professionals (CAIRP) and the Office of the Superintendent of Bankruptcy (OSB). More than 37,000 Canadians reportedly filed for insolvency during the first three months of 2026 alone – averaging roughly 17…
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TD Says GTA Condo Market Is Facing a Potential 1990s-Style Meltdown
Canada’s largest condo market is continuing to face mounting pressure, and a new outlook from TD Economics suggests the downturn may last much longer than many buyers and investors expected. According to TD Economics, the Greater Toronto Area condo market is experiencing one of its weakest periods in years, with falling prices, collapsing sales activity,…
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Brampton Now Has Canada’s Highest Mortgage Delinquency Rate
New data suggests more homeowners in Brampton are falling behind on mortgage payments as financial pressure continues building across parts of the Greater Toronto Area. According to data from Equifax Canada highlighted by The Globe and Mail, Brampton now has the highest mortgage delinquency rate in Canada at approximately 0.6% – nearly three times the…
Canada Housing Market 