The Canadian Press Archives - Mortgage Rates & Mortgage Broker News in Canada

Au milieu de tours d’habitation, de la machinerie lourde est utilisée pour la démolition d’immeubles d’appartements

Vancouver has the highest rents in the country, according to Statistics Canada

June 25, 2025 No Comments

Vancouver had the highest average asking rent for a two-bedroom apartment in the first quarter, according to Statistics Canada.

A rental sign is seen outside a building in Ottawa

Steady May inflation figures don’t make the case for rate cuts: economists

June 24, 2025 No Comments

May inflation figures showed marginal improvements in some of the Bank of Canada’s closely watched price figures — a step in the right direction, some economists say, but likely not enough to convince the central bank to cut interest rates.

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

Dreaming of a lakeside cottage but can’t afford it? Co-ownership could open that door

June 20, 2025 No Comments

A lakeview cottage with cosy rooms, a sandy beach nearby and a dock to gaze into the sunset was the dream for Corrine Evanoff.

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.

Gantry cranes tower above container ships being unloaded and loaded at port, in Vancouver

U.S. trade, geopolitics top financial concerns among Canadians: HOOPP survey

June 18, 2025 No Comments

A new survey finds geopolitical instability and U.S. trade tensions are top sources of financial concern for Canadians, and even impacting retirement planning for some.

B.C. mall owner offers $6 million for three Hudson’s Bay leases: court documents

June 18, 2025 No Comments

The B.C. mall owner hoping to buy dozens of Hudson’s Bay leases has offered $6 million to take over three locations in malls that she owns, describing it as just the beginning of a new department store empire.

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.

Home owned by family of UBC and Vancouver Coastal Health embezzler up for sale

June 16, 2025 No Comments

A real estate listing for a $2 million property in North Vancouver says the home has been excellently maintained and is on an attractive street, but what the description doesn’t say is it’s a forced sale involving an embezzler and a years-long legal battle.

A sign indicating Airbnb rentals are not permitted

Airbnb says thousands of B.C. reservations at risk, blaming ‘rushed’ rental rules