Real Estate Archives - Page 4 of 31 - Mortgage Rates & Mortgage Broker News in Canada

Housing and interest rate forecasts for 2025

December 30, 2024 1 Comment

As we reflect on 2024, it was a year of resilience and adjustment for Canada’s housing and mortgage market, marked by the Bank of Canada’s pivot to rate cuts after two years of relentless hikes, offering long-awaited relief to borrowers.

‘Now’s the time’: As Canada ramps up housing, advocates urge more accessible builds

December 27, 2024 No Comments

Five-year-old Beau starts each day being carried by one of his parents to the family’s living room, where his wheelchair awaits in their Beamsville, Ont., home.

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.

Rental supply gains help cool pace of rent growth in 2024: CMHC

December 17, 2024 No Comments

The Canada Mortgage and Housing Corp. says the pace of rent growth cooled significantly this year amid Canada’s largest gain of purpose-built rental supply in more than three decades.

National home sales continue surging, prices rise amid falling interest rates: CREA

December 16, 2024 No Comments

The Canadian Real Estate Association says the number of homes sold in November rose 26% compared with a year ago, marking the second straight month of large year-over-year gains.

Housing starts rise from last month, up eight per cent in November: CMHC

December 16, 2024 No Comments

Canada Mortgage and Housing Corp. says the annual pace of housing starts in November rose eight per cent compared with October, helped by strength in multi-unit starts in Quebec, Alberta and B.C.

Housing unaffordability still rising despite billions in government measures: PBO

December 12, 2024 No Comments

The number of Canadians in need of affordable housing is still rising despite billions in federal spending to tackle housing affordability, the parliamentary budget officer said in a new analysis published Thursday.

Rent prices fall to 15-month low: Rentals.ca

December 10, 2024 No Comments

Average asking rents were down 1.6% on an annual basis, marking the first year-over-year decline since the pandemic.

CMHC: Restoring pre-COVID housing affordability should be the goal

December 9, 2024 No Comments

New analysis comes as federal government faces pressure to tackle the housing crisis

Montreal home sales jump 47% in November while prices rose across all property types

December 5, 2024 No Comments

Along with the surge in activity, Montreal also saw average single-family home prices rise by 11% compared to last year.

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