The Canada Mortgage and Housing Corp. (CMHC) has released a forecast indicating a significant spike in Canadian home prices in the coming years…

Amid growing concerns about Canada's housing market, the Canada Mortgage and Housing Corporation announced the discontinuation of the first-time homebuyer incentive in March 2024 due to criticisms of its ineffectiveness…

To tackle the persistent housing affordability crisis, the Government of Canada has extended the ban on foreign property buyers for two years, until January 1st, 2027…

The Canadian rental market has experienced significant shifts due to the influence of international student visa caps, leading to noteworthy trends impacting landlords and tenants…

The City of Toronto is proposing a 10.5% increase in property tax for the 2024 budget…

Despite interest rates being held at 5%, homeowners are poised to face higher debt-servicing costs for an extended period.

In a recent announcement, the Bank of Canada has chosen to maintain the status quo, keeping the key interest rate stable at 5%.

Looking ahead to the Canadian housing market in 2024, experts and analysts anticipate a gradual recovery, driven by stabilized interest rates and a return in demand. Learn more about the market updates.

Canada is currently experiencing a historic immigration boom that is fundamentally reshaping the country's real estate landscape. Learn how…

The federal government of Canada has taken a substantial step toward addressing the housing crisis by announcing a full Goods and Services Tax (GST) rebate for new rental developments. Learn more about the new policy.

In response to a financial crisis, the City of Toronto has embarked on a mission to strengthen its fiscal foundation. Faced with immediate and long-term challenges, the Canadian government has introduced measures to bolster the city's financial resilience.

The recent correction of the Canadian real estate market has given hope to young adults, but the Greater Toronto Area (GTA)'s housing remains unattainable for most. Despite a potential 30% price drop in a deep recession, affordability remains a pressing issue, causing Ontario’s youth to seek more affordable options in other provinces.

According to Colliers Canada's recent National Market Snapshot, a surprising 93% of this year's new office supply has poured into downtown regions, resulting in a downtown office vacancy rate of 15%.

67% of home builders and developers in the Canadian Home Builders’ Association network reported a reduction in construction output, and 22% have been compelled to entirely cancel projects, signifying a troubling trend of increasing project cancellations.

The Canadian Real Estate Association (CREA) has revised its 2023 and 2024 forecasts for the Canadian real estate market.

The Bank of Canada announced that interest rates have been raised by 0.5% points, reaching 3.5%, the highest level seen in 22 years. However, the Canadian housing market continues to display remarkable resilience.

In a recent announcement of the Ontario government, Municipal Affairs and Housing Minister Steve Clark revealed that Ontario landlords will be permitted to increase rent by up to 2.5 percent in the coming year.

The Canadian commercial real estate (CRE) market is showing signs of normalization as we head into the second half of 2023.

Canada’s household debt has reached alarming levels, surpassing the size of the country's economy and outpacing G7 nations. The ongoing rise in interest rates further exacerbates concerns about financial difficulties.