Government of Canada bond yields made an abrupt surge yesterday, extending a trend that kicked off in February. Despite the aggressive rise, mortgage rates haven’t climbed with them as expected. A Big Six bank says lenders are absorbing the shock and it’s not sustainable. They’re warning investors that mortgage rates will begin to climb soon, […]
Canadian real estate affordability continued to improve in Q2 2026, but remains far from affordable. The Bank of Canada’s (BoC) Housing Affordability Index logged an 11th straight quarter of improvement, as falling prices, lower rates, and rising incomes drove a historic correction. Unfortunately, housing remains unaffordable for most households, and affordability is still significantly worse […]
Canada’s East-West divide is extending to rental affordability, and not in the way many would expect. Statistics Canada (StatCan) data shows national two-bedroom asking rents sliding further in Q2 2026, but Atlantic Canada defied the trend. The East Coast has seen rents surge, with Halifax now among the most expensive cities in the country. Out […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canada’s Credit Crunch: Peak Homebuyer Defaults & Renter Insolvencies Soar Canadian households are cracking under the pressure of supersized debt loads. New data from TransUnion shows household debt hit $2.64 trillion in Q2 2026, up 4.6% from last year. The credit agency […]
Greater Toronto real estate’s moving fast once again, but not in the direction the industry hoped. Toronto Regional Real Estate Board (TRREB) data shows sales fell in August, while inventory has accumulated to one of the highest levels on record. The combination has produced the sharpest price drop of 2026. Toronto Real Estate Prices Back […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canada’s Fake GDP Growth: Fictitious Rents Add More Than Oil Fictitious rents are driving Canada’s recent GDP growth surprise, even more than energy prices. Nearly 25% of GDP growth in Q1 2026 came from imputed rent, compared to 15.1% from oil and […]
Greater Toronto home prices wiped out gains made in the first five months of 2026 in a matter of weeks. Toronto Regional Real Estate Board (TRREB) July data shows prices fell to their lowest point in over five years. Both home sales and inventory fell, but one remains near record lows while the other is […]
Toronto’s entrepreneurial spirit is alive and well—but so is the region’s crushing reality. Statistics Canada (StatCan) data shows Toronto CMA saw the most April business openings in at least 11 years. At the same time, it also saw the second-most April business closures on record—only behind 2020. The combination has driven the number of active […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian-Born Wealth Falls Behind Immigrants After Real Estate Bubble Immigrants in Canada are outperforming Canadian-born households on wealth. A new Statistics Canada (StatCan) study divided the two groups into wealth quartiles and found virtually no gap in the upper half, with established […]
If Canadian real estate is in a correction, it forgot to tell buyers in most provinces. CREA data shows the price of a typical home fell nationally in June, even as most of its 9 provincial benchmarks climbed to new highs. In Atlantic Canada, two provinces even made 5-digit jumps over 30 days. You know? […]
