Real Estate Investment

Amid the Bank of Canada's recent interest rate hike and anticipated subsequent increases, concerns over home affordability have escalated among Canadians, with many potential homebuyers facing an uncertain future in the country's housing market.

General

Rate Hike Amplifies Canadian Home Affordability Fears

The Bank of Canada’s recent decision to raise its benchmark interest rate to 4.75 per cent, the highest level in over two decades, has sent

June 8, 2023

After an icy 2022 due to aggressive rate hikes, the Canadian housing market is heating up again. The average resale home price in April reached $716,000, marking a consistent four-month increase since the start of 2023.

Canadian Business

Canadian Housing Market Regains Momentum: Average Prices Up $100,000 Since January

After an icy 2022, the Canadian housing market is on the move again, recording a consistent four-month increase since the start of 2023.

May 15, 2023