Tag: #HousingMarket
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Between 2.1 and 2.4 million Canadian households are renewing in 2025–2026, representing about 60% of all mortgages, with many seeing 6–20% payment increases and some up to 40%.
Between 2.1 and 2.4 million Canadian households are renewing in 2025–2026, representing about 60% of all mortgages, with many seeing 6–20% payment increases and some up to 40%. A fixed-rate borrower who locked at around 1.4% in 2020 and renews near 3.9–4.0% today can see annual payments rise by nearly $7,000, which is a serious Read more
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Canada’s Rental Market Reality Check: What the Data is Revealing
The multifamily landscape is experiencing a dramatic shift. Here’s what’s happening right now: New buildings are struggling. Purpose-built rentals completed post-2020 are facing vacancy rates approaching 10% in major markets, while older, affordable units remain near full occupancy. The disconnect? New luxury units are pricing themselves out of reach just as economic headwinds intensify. The numbers tell Read more
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Canadian housing slowdown alert
June 2024 home sales decreased in GTA, Vancouver, and Calgary, presenting buyers with opportunities amid rising listings and softer prices. Read more