real estate market Archives - Mortgage Rates & Mortgage Broker News in Canada

Canada sees largest monthly drop in residential construction investment since 2021

June 23, 2025 No Comments

Residential construction investment fell 4.5% in April to $15.5 billion, the steepest monthly decline in dollar terms in nearly three years, led by a sharp pullback in multi-unit projects.

Cranes are seen above a condo development

Home construction must double over next decade to restore 2019 affordability: CMHC

June 19, 2025 No Comments

Canada Mortgage and Housing Corp. says up to 4.8 million new homes will need to be built over the next decade to restore affordability levels last seen in 2019 based on projected demand.

A new report suggests Canadian renters continue to face affordability challenges

Affordability challenges still plague renters despite falling prices: report

June 19, 2025 No Comments

A new report suggests Canadian renters continue to face affordability challenges even as asking rent prices have fallen this year, while those considering the leap to home ownership are taking a wait-and-see approach.

May home sales down 4.3% from year ago, but activity up month-over-month

June 16, 2025 1 Comment

Home sales in May fell 4.3% compared with a year ago, however the Canadian Real Estate Association said Monday that activity picked up when compared to the previous month.

Greater Toronto home sales fall 13.3% in May: board

June 4, 2025 No Comments

Home sales in the Greater Toronto Area remained weak in May while inventory levels were up — giving more negotiating leverage to potential homebuyers.

Vancouver home sales continue to weaken, inventory builds: board

June 3, 2025 No Comments

Vancouver home sales activity fell again in May as buyers continued to sit on the sidelines, the city’s real estate board said Tuesday.

Provinces ‘hold the key’ to unlocking homebuilding, new report argues

May 29, 2025 No Comments

While the federal government and cities across Canada are making strides on expanding the housing supply, the provinces still need to get serious about building quality homes, a new report released Thursday argues.

Ready to buy a home? What experts say many buyers forget to consider first

May 27, 2025 2 Comments

A down payment is a big step for homebuyers, but definitely not the only one.

estate cottages and townhouses under construction

Ottawa has to allow home prices to fall to make housing more affordable, experts say

May 24, 2025 2 Comments

Housing experts are pushing back against a federal cabinet minister’s recent claim that home prices don’t need to go down in order to restore housing affordability.

Muskoka chairs sit on a dock looking over Boshkung Lake, in Algonquin Highlands

Tariffs, economic uncertainty chilling cottage housing market, report says

May 19, 2025 1 Comment

The May long weekend marks the unofficial start of cottage season for many Canadians, but a new report says some looking to buy a vacation home of their own are holding back until economic tensions settle.

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