Rughly 30 per cent of first-time homebuyers and nearly nine per cent of existing homeowners received financial help from family this past year to purchase a house. ... More

New arrivals may further stress Canada’s already tight housing markets ... More

What's “buyer fatigue”? This term applies to home hunters who have been repeatedly outbid and left disillusioned by the process. ... More

Skyrocketing housing prices in 2021 are driving up how long it would take for homebuyers to save for a down payment, new data shows. ... More

Canada’s banking watchdog is confirming it will apply tighter rules to the so-called mortgage stress test, effective June 01. ... More

An NDP government would implement a 20% levy on home purchases made by non-residents. ... More

Canadians are so alarmed by the red-hot housing market that many say they’d like to see the central bank raise the cost of borrowing to dampen demand for real estate and ... More

Whether you’re starting your home search or you just bid on the place of your dreams, getting denied for a mortgage will stop you cold. ... More

Unconditional offers are poor choices and our courts have shown little empathy for failed purchasers, repeatedly holding that vendors have no obligation to accommodate purchasers ... More

Effective June 1, the federal mortgage stress test increases to 5.25 per cent, or about four times higher than what major lenders are actually charging ... More

Canada's financial regulator, which has been planning changes in its four-year-old mortgage stress test, on Thursday proposed making it tighter, following concerns that the ... More

Canada’s top banking watchdog is about to take another stab at overhauling its stress test on residential mortgages. ... More

One in five Canadians are hoping for a significant fall in housing prices, a sign of the mounting frustration felt by many people looking to get into the country's hot ... More

Amid a hot housing market in major Canadian cities that has pushed ownership further out of reach for young first-time prospective home buyers, there are increasing calls for the ... More

The share of renters who are planning to buy has quadrupled, and what they want to buy is changing. ... More

Immigration to Canada fell to the lowest level since 1998. ... More

Got 34 years to save up for a house? The threshold every buyer has to meet to own a home ― the minimum down payment ― has reached Canada’s highest level on ... More

Plan ahead when buying a home to save yourself time and stress. ... More

A record number of Canadians left major urban centers last year amid the pandemic, led by youth and young families. ... More

Are you considering buying a pre-construction home or condo? Tarion compiled a few tips to help buyers navigate the new home buying process. ... More

In light of the past six months of COVID-19-triggered uncertainty, home sales in Canada have been shockingly brisk as a combination of FOMO and low interest rates keep drawing ... More

Record-low interest rates appear to be a major factor. ... 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 is set to reduce its qualifying rate ten basis points, from 5.04 to 4.94 percent according a new report. ... More

Have you decided to purchase a new condo? Consider these things to ensure you understand your rights as a new home buyer. ... More

Millions of Canadian millennials feel they may never be able to follow previous generations into homeownership according to a new survey. ... More

In an election announcement on Thursday, Liberal Party Leader Justin Trudeau promised to turbocharge the First-Time Home Buyer Incentive (FTHBI) for Canadians who live in ... More

New data shows the country’s youngest buyers are being affected most by the government’s mortgage stress tests. ... More

The incentive will allow eligible first-time homebuyers who have the minimum down payment for an insured mortgage with CMHC, Genworth or Canada Guaranty, to apply to finance a ... More

Three quarters of homebuyers in three of Canada's largest housing markets are not willing to take financial risks when buying a home, ... More