homebuying trends Archives - Mortgage Rates & Mortgage Broker News in Canada

Ontario’s housing market reset: New data reveals shifting buyer trends and investor pullback

February 20, 2025 2 Comments

Ontario’s housing market has been characterized by extremes in recent years, and some new data paints perhaps the clearest picture yet of how the market has shifted.

Canadians putting homebuying plans on hold

Despite recession concerns, homebuying intentions on the rise, BoC survey shows

January 20, 2025 1 Comment

Although nearly half of Canadians expect a recession in 2025, homebuying intentions are increasing, according to the latest consumer sentiment survey from the Bank of Canada.

Home affordability improves, but still challenging for many Canadians: RBC report

December 21, 2024 No Comments

Home affordability in Canada is improving, according to a new RBC Economics report, but strains remain.

Canadians anxious about finances_MPC consumer survey

State of the mortgage market: Canadians anxious about their finances, but still see housing as a good investment

March 7, 2023 No Comments

Canadian homeowners may be feeling more anxious about their finances these days, but an overwhelming majority continue to believe real estate is a good long-term investment.

Nearly a third of young Canadians have put their home-buying plans on hold

October 3, 2022 No Comments

Rising interest rates and the overall higher cost of living are causing a large number of Canadians to postpone their homebuying plans.

How falling home prices are leading to growing appraisal gaps

June 30, 2022 1 Comment

With home prices on the decline, some homebuyers are seeing appraisals come in lower than their purchase price, and that’s leaving many scrambling to come up with ways to close the gap.

soft landing or crash for canada's housing market?

Soft landing or a crash: what lies ahead for Toronto’s housing market?

June 6, 2022 No Comments

As it becomes clear that home sales and prices in the Greater Toronto Area (GTA) are declining, industry professionals are trying to figure out what lies ahead.

Home price declines extend in May, with Calgary a notable exception

June 5, 2022 1 Comment

Home sales and prices were down month-over-month in a growing number of metro areas across the county, according to the latest data from regional real estate boards.

7 in 10 Homeowners Say They Could Weather Higher Monthly Payments

March 16, 2022 No Comments

Despite the prospect of higher interest rates ahead, nearly three-quarters of mortgage holders say they could handle a 20%+ rise in monthly payments.

Manhattanization of Canadian urban centres

Get Used to the “Manhattanization” of our Urban Centres, OSFI Chief Says

February 4, 2022 No Comments

Younger Canadians wanting to live in Canada’s urban centres are going to have to get used to settling for smaller living spaces.

homebuying trends