Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Real Estate Prices Back To 2017 Levels After Inflation: BMO Inflation has been chipping away at Canadian real estate prices, warns BMO. The bank notes prices rolled back to 2021 in nominal terms, but inflation puts prices back to 2017 levels. […]
Canada’s real estate slump is hitting the rental market. Rentals.ca data shows average rent fell in December, now at the lowest level since mid-2023. High-priced cities accounted for virtually the whole drop, while affordable cities led growth. The divergence has cut the gap between the most and least expensive cities in half. Are expensive markets […]
It’s only the second week of 2026, but most Canadians have already written the year off. MNP’s latest Consumer Debt Index survey shows households expect rising inflation, deteriorating housing affordability, and worsening public finances. While some are tightening budgets and seeking advice, many—especially young adults—are checking out entirely. One thing most Canadians agree on? Life […]
Canadian households saw their wages grow faster than inflation, but those gains failed to keep up with essentials. That was the take from RBC in its 2026 outlook, noting the cost of food and housing continues to outpace incomes. The bank sees inflation pressures moderating further this year, but warns affordability pressures aren’t going away […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Mortgage Arrears Hit A 5-Year High, Banks Shrink Books Canadian banks saw mortgage arrears hit a five-year high, but that isn’t their only problem. CBA data reveals the mortgage arrears rate climbed to 0.25% in October. At the same time, banks […]
Canadians might not be buying much real estate these days, but they’re borrowing against it. Statistics Canada (StatCan) data shows home equity lines of credit (HELOC) debt surged in October. Households tapped their home equity at one of the fastest rates in years, sending HELOC debt to a 6-year high. Home Equity Line of Credit […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Mortgage Rates Set To Surge With Global Bond Yield Repricing Canada’s real estate industry is watching the overnight rate, but it should be paying attention to bond yields. Mortgage rates are priced off credit benchmarks of similar maturities, and the Bank […]
The Canadian real estate industry may focus on rate decisions, but the mortgage industry is watching bond markets. The Government of Canada’s (GoC) 5-year bond yield—a key benchmark for fixed-rate mortgages—has surged in recent weeks, pushing borrowing costs higher instead of providing relief. The move reflects rapid market repricing, driven by stronger economic data and […]
Global household debt is falling, but Canada is bucking the trend—and it’s not good news. The Institute of International Finance’s (IIF) latest update shows global household debt-to-GDP fell in Q3 2025, continuing a general trend since the financial crisis. BMO Capital Markets warns Canada is one of the few exceptions, with its households now the […]
Canada’s largest banks are still navigating increased borrower stress. Canadian Bankers Association (CBA) data shows mortgage arrears have reached a 5 year high in September. Arrears have been climbing aggressively, and are amplified by falling total mortgages. With banks holding ~150,000 fewer mortgages since peak—each delinquent mortgage holds more weight. Canadian Mortgage Arrears Rate Still […]
