Canada housing

A new savings vehicle for Canadians saving towards their first home purchase will technically be available starting April 1, but financial institutions who spoke to Global News say they won’t be ready to offer the account on that date…

This article is part of Global News’s Home School series, which gives Canadians the basics they need to know about the housing market that they never learned in school. Entering the housing market is viewed by many Canadians as an…

The Bank of Canada held its benchmark interest rate steady on Wednesday — a decision real estate players and economists say will have major implications for the Canadian housing market. After all, most market watchers point to the…

Descrease article font size Increase article font size Canada’s housing market is off to a cold start in 2023, as both homebuilding and sales activity show multi-year lows. The…

Lower interest rates in 2023 could revitalize Canada’s housing market before the end of the year, according to some economists, even as the central bank warns the rate cut conversation is premature. A report from Desjardins Economics…

Renters in Canada are facing the toughest market in decades with low vacancies, higher prices and surging demand, according to the Canada Mortgage and Housing Corporation (CMHC). The housing agency released its annual rental market…

Canada’s six biggest banks raised their prime lending rates following an eighth consecutive increase to the Bank of Canada’s benchmark interest rate. The central bank’s target for the overnight rate now sits at 4.5 per cent following…

Rent prices are through the roof across Canada as decades-high inflation has increased the cost of living in the country. The national average rent last month was $2,005 – an increase of more than 12 per cent compared with December…

Nine months after the federal Liberal government announced plans to end blind bidding and “unfair practices” in the Canadian housing market, there’s still no timeline on when a Home Buyers’ Bill of Rights will be tabled in the House…

By Staff The Canadian Press Posted January 16, 2023 9:48 am Descrease article font size…