Steve Huebl

Home reno costs in Canada continued to climb in Q3, driven by higher roofing and window costs, with many homeowners relying on their home equity to fund these projects.

Ottawa's real estate market wrapped up 2024 with a solid uptick in activity, as December home sales rose 7.9% year-over-year.

Despite interest rates having fallen materially in 2024, recent data show that many Canadian homeowners could still face payment shocks when their mortgages renew.

Just when Canadians thought Bank of Canada rate hikes were behind us, one major bank is now forecasting their return as early as next year.

A regular review of the latest mortgage and real estate news, a recap of key headlines, and a preview of upcoming economic releases.

The Bank of Canada expects to end quantitative tightening in the first half of this year and return to more normal asset purchasing levels, likely becoming the first major central bank to unwind its pandemic asset purchases.

Although nearly half of Canadians expect a recession in 2025, homebuying intentions are increasing, according to the latest consumer sentiment survey from the Bank of Canada.

Canada’s inflation rate eased to 1.8% in December, increasing the likelihood of a Bank of Canada rate cut this month, according to economists.

TD Bank is planning to sell around $9 billion in residential mortgages as it works to adjust its balance sheet and meet an asset cap imposed by U.S. regulators.

Canada's housing needs are projected to decrease by 500,000 homes by 2035, driven by a decline in population, according to new research from Oxford Economics.