Interest rates
REMI Network
More stability predicted for TO home market
There is anticipation that more buyers and sellers will realize that the current rates, though higher than recent lows, remain historically low.
REMI Network
Mortgage experts predict declining rates
After a year of rate hikes, mortgage experts are predicting gradual cuts starting in mid-2024.
Canadian Apartment Magazine
Interest rates subdue multifamily developers
Fallout from higher interest rates may continue to subdue multifamily development, but lenders express more confidence in prospects for new purpose-built rental and high-rise condominium projects next year.
REMI Network
High borrowing costs sting GTA homebuyers
Home sales in the Greater Toronto Area were down last month, but selling prices remained higher than last year’s levels.
REMI Network
Mortgage holders feel squeeze from interest rates
The new insight comes ahead of a potential interest rate hike on October 25.
REMI Network
Economists predict home prices could decline by 10 to 20%
According to Finder's panel of economists, the most effective action the Bank of Canada can take to improve housing affordability greatly depends on interest rates.
Construction Business
B.C.’s economy expected to remain steady in 2023
B.C.'s economy is expected to remain steady after slower economic growth through 2023 due to global inflation and higher interest rates.
Canadian Property Management
Rising interest rates alter slant on CRE values
Rising interest rates have Canadian commercial real estate players adjusting their expectations about cap rates and internal rates of return.
CondoBusiness
Canada’s home prices show steady growth in H1
The sixth annual Price Per Square Foot survey released today by CENTURY 21 Canada found that more condo owners flocked to homes outside of the Greater Toronto Area and Vancouver.
REMI Network
More interest rate hikes to follow in 2022, economists predict
Economists forecast a 15 per cent to 20 per cent drop in housing prices by the end of the year, with most believing new housing supply won’t bring prices down more than higher rate increases.
Canadian Apartment Magazine
MNP Consumer Debt Index reveals more Canadians in financial stress
According to the latest MNP Consumer Debt Index, rising interest rates and soaring cost of living is putting more Canadians in financial stress.
REMI Network
GTA home sales down 38.8% in May
Higher borrowing costs brought more balance to the Greater Toronto Area housing market in May, with home sales down on a monthly and annual basis and active listings up.
CondoBusiness
Home buyers mull alternatives in overheated market
Some Canadians who are dreaming of buying a home are considering their options as housing prices remain out of reach in many markets over the past year.
REMI Network
Urban exodus in Ontario may be exaggerated
Small-town life appeals to only 18 per cent of big city residents who are considering selling their home in the next year.
REMI Network
Trade conflict impacts Bank of Canada interest rate
The next announcement on the overnight rate target is October 30, 2019.
Canadian Apartment Magazine
Construction Lending Q&A: Jeremy Wedgbury, First National
We spoke with Jeremy Wedgbury of First National to discuss current industry challenges of construction lending and potential financial solutions.
CondoBusiness
Larger mortgages a factor in higher home prices: study
Over the past 17 years, Canadians were able to qualify for larger mortgages due to declining interest rates and rising incomes, says the Fraser Institute.
