Real Estate News - Canada

On this page you will find snippets of interesting articles on the Canadian Real Estate market. This includes housing sales, unemployment and interest rate trends, and policy measure by the Bank of Canada and government. Enjoy!

This Week’s Top Stories: Canadian Real Estate Sellers Surge, and Bad News For Mortgage Rates

<![CDATA[<p>Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Real Estate Prices Slipped, Inventory “Jumps” In April Canadian real estate didn’t move much last month, but the data still hints at an interesting Spring. The price of a typical home slipped 0.3% lower in March. The month also showed a […]</p> <p>The post <a href="https://betterdwelling.com/this-weeks-top-stories-canadian-real-estate-sellers-surge-and-bad-news-for-mortgage-rates/">This Week’s Top Stories: Canadian Real Estate Sellers Surge, and Bad News For Mortgage Rates</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>

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Canadian Real Estate Prices Slipped, Inventory “Jumps” In April

<![CDATA[<p>Canadian real estate had a slow start last month, but activity picked up towards the end. Canadian Real Estate Association (CREA) data shows sales and new inventory both showed only minor movements in March. Prices slipped lower but haven’t moved much since last year. The big insight was the surge of activity towards month-end, and […]</p> <p>The post <a href="https://betterdwelling.com/canadian-real-estate-prices-slipped-inventory-jumped-in-april/">Canadian Real Estate Prices Slipped, Inventory “Jumps” In April</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>

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Canada Tries To Bail Out Real Estate Developers With 30-Year Mortgages

<![CDATA[<p>Canada is rolling out new policies to help its highly indebted households support soft demand for new housing. Earlier today, the Government of Canada (GoC) announced new measures to increase the amount of capital used to buy new homes. New home sales have been weak at these prices, and rather than letting prices fall, it […]</p> <p>The post <a href="https://betterdwelling.com/canada-tries-to-bail-out-real-estate-developers-with-30-year-mortgages/">Canada Tries To Bail Out Real Estate Developers With 30-Year Mortgages</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>

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Bank of Canada Just Delivered Bad News For Mortgage Rates, Yields Surge

<![CDATA[<p>Canadians expecting good news for mortgage rates just got the exact opposite. The Bank of Canada (BoC) made no changes to the overnight rate, as expected by the market. While no cuts were expected, it was still widely  believed they would reassure the market of progress on inflation, helping to reinforce expectations of rate cuts […]</p> <p>The post <a href="https://betterdwelling.com/bank-of-canada-just-delivered-bad-news-for-mortgage-rates-yields-surge/">Bank of Canada Just Delivered Bad News For Mortgage Rates, Yields Surge</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>

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Canadian Mortgages Just Had One of The Slowest Quarters Ever

<![CDATA[<p>Canada’s debt-crazed households finally met their match—interest rates higher than inflation. Bank of Canada (BoC) data shows residential mortgage credit slowed even further in Q4 2023. The unusually slow quarter revealed households accumulated mortgage debt at one of the slowest rates ever, as interest rates divert capital to areas outside of housing.  Canadian Mortgage Debt […]</p> <p>The post <a href="https://betterdwelling.com/canadian-mortgages-just-had-one-of-the-slowest-quarters-ever/">Canadian Mortgages Just Had One of The Slowest Quarters Ever </a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>

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Canada To Cut Interest Rates Before US As Labor Market Erodes: BMO

<![CDATA[<p>The Canadian and US economy are diverging from their typically similar performance. A new research note from BMO warns Canada’s economy is seriously underperforming in contrast to the US, especially when it comes to labor and inflation. This widening divergence likely means Canada will enter a recession and cut rates before the US, where its […]</p> <p>The post <a href="https://betterdwelling.com/canada-to-cut-interest-rates-before-us-as-labor-market-erodes-bmo/">Canada To Cut Interest Rates Before US As Labor Market Erodes: BMO</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>

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This Week’s Top Stories: Canadian Real Estate Has Never Been Less Affordable & Low Rates Don’t Help

<![CDATA[<p>Time for your cheat sheet on this week’s top stories. Canadian Real Estate Buying A House In Canada Has Never Been Harder, Years To Correct: RBC Canada’s largest bank warns it’s never been more difficult to buy a home in the country. RBC warns a median household would need to spend up to 108% of […]</p> <p>The post <a href="https://betterdwelling.com/this-weeks-top-stories-canadian-real-estate-has-never-been-less-affordable-low-rates-dont-help/">This Week’s Top Stories: Canadian Real Estate Has Never Been Less Affordable & Low Rates Don’t Help</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>

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Canada Added 58k Workers But Lost 2k Jobs Last Month

<![CDATA[<p>The only growth more impressive than Canada’s population is its surging unemployment. Statistics Canada (Stat Can) data shows the economy stumbled in March. It was such a minor decline, it wouldn’t be worth noting if not for the population growth. The country only lost a couple thousand jobs, but managed to add tens of thousands […]</p> <p>The post <a href="https://betterdwelling.com/canada-added-58k-workers-but-lost-2k-jobs-last-month/">Canada Added 58k Workers But Lost 2k Jobs Last Month</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>

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Canada’s National Housing Agency Forecasts A 20% Jump For Home Prices

<![CDATA[<p>Canada’s national housing agency is forecasting things are going to get worse in the next few years. The CMHC’s latest forecast expects a booming population and lower rates driving housing demand. As a result of the surging activity, existing home prices are expected to rise over the next couple of years. Despite soaring demand and […]</p> <p>The post <a href="https://betterdwelling.com/canadas-national-housing-agency-forecasts-a-20-jump-for-home-prices/">Canada’s National Housing Agency Forecasts A 20% Jump For Home Prices</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>

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Lower Rates Do Not Improve Housing Affordability: US Federal Reserve

<![CDATA[<p>Think lower rates are the path to affordable housing? The US Federal Reserve (the Fed) believes you may have been grossly misinformed on that narrative. New research from the Dallas branch the Fed tackles the impact of interest rates on housing affordability. They warn the common belief that lower rates improve affordability is based on […]</p> <p>The post <a href="https://betterdwelling.com/lower-rates-do-not-improve-housing-affordability-us-federal-reserve/">Lower Rates Do Not Improve Housing Affordability: US Federal Reserve</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>

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