Strong June home sales data from Toronto and Vancouver finally gave wary homebuyers and industry professionals the dose of good news that they’d sorely needed. ... More

Canadian household debt has shown relatively muted increases despite growth in the mortgage segment, according to data from the central bank. ... More

A significant fraction of Canadian business tenants are expecting their revenues to bounce back to pre-pandemic levels within 12 months, according to a recent survey by the Bank ... More

Toronto’s real estate market appears to be roaring back to life, but some housing industry observers believe prices are being propped up by a combination of government ... More

Greater Toronto Area home sales are rebounding from the COVID-19 pandemic and prices are on the rise, but completed transactions are still short of where they were last year, the ... More

Toronto city council voted to make masks mandatory in enclosed, public places last week following recommendations from the medical officer of health. Most of the GTA is moving in ... More

Toronto Regional Real Estate Board President Lisa Patel announced that Greater Toronto Area REALTORS® reported 8,701 sales through TRREB’s MLS® System in June 2020. ... More

Data from the Office of the Superintendent of Bankruptcy Canada (OSB) revealed that federal fiscal support and payment deferrals are helping households retain their purchasing ... More

The Canada Revenue Agency has announced that it will be taking a closer look at real estate transactions in the United States to search for Canadians with hidden income. ... More

While mortgage rates have been tumbling steadily over the last couple of months, many are now in record-setting territory, with certain 1- to 5-year fixed rates now available for ... More

Canada Mortgage and Housing Corp. expects a drop in home prices in the country’s biggest cities amid “severe declines” in home sales and construction. ... More

Low interest rates will be the norm for the foreseeable future, Bank of Canada Governor Tiff Macklem said earlier this week. ... More

But those won't be the only major markets where prices will soften. ... More

Market pause from COVID-19 will likely result in a drop-off in Canadian investment activity for the remainder of the year, although it’s still too early to tell. ... More

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales and new listings were up noticeably in May 2020 compared to April, though still ... More

The ratio of debt to disposable income peaked in 2017 at 178 per cent but it is currently just shy of that level. ... More

Insurer says its current policies are sufficiently robust ... More

The commercial segment will likely lose a significant portion of its tenant base, with small businesses being forced to go online, according ... More

Many Canadians will attempt to purchase new homes before the adjusted rules take effect on July 1. ... More

Ontario is replete with markets that are still ripe for investment despite the market impact of COVID-19, according to RE/MAX. ... More

Commercial rent collection will not immediately resume at its previous pace even after businesses nationwide have restarted their operations, according to Colliers Canada. ... More

The trend in housing starts was 196,750 units in May 2020, down from 198,644 units in April 2020. ... More

Ontario is lifting restrictions on short-term rentals today. ... More

Canada’s housing agency is tightening rules to make it more difficult for higher-risk borrowers to qualify for mortgage insurance. ... More

The Bank of Canada held its benchmark interest rate steady at 0.25 per cent on Wednesday and said it thinks the economic impact of COVID-19 on the world's economy ... More

GTA REALTORS® reported 4,606 sales through TRREB’s MLS® System in May 2020. This result was down by 53.7 per cent compared to May 2019. While the number of sales was ... More

A new survey of 15 economists from Canadian banks, financial institutions and academia suggest that 0.25% interest rate could be around for more than a year, maybe two. ... More

COVID-19 has "for all intents and purposes shut down immigration." ... More

The Yonge North Subway Extension, the 7.4 kilometre extension of TTC's Line 1 (Yonge University) to Richmond Hill, looks like it will be moving forward in what will be a boon ... More

The Canadian economy took a historic dive in March as the country imposed lockdown measures to curb the spread of COVID-19 – and worse results are expected for April. ... More