4+ hour, 25+ min ago   (224+ words) The median income of first-time homebuyers vs all households in 2023. Most of Canada can’t afford a starter home, according to the agency’s data. The agency looked at 5 regions, 4 provinces and 1 territory, between 2021 and 2023. They found that first-time buyers earned between…...

3+ day, 11+ hour ago   (131+ words) Bank of Canada Research Warns Rate Cuts Can Worsen Housing Affordability Canada’s “Record” Housing Correction? Prices Near Highs In Most Provinces Canadians Turn To Consumer Credit As Mortgage Debt Slows Canadian Home Prices Just Made The Sharpest Monthly Drop This…...

5+ day, 9+ hour ago   (416+ words) A new independent staff study from Canada’s central bank aims to help clarify the impact of low rates on housing. Bank of Canada (BoC) researchers found that supply and demand both get a boost with rate cuts. Demand responds almost…...

6+ day, 8+ hour ago   (321+ words) The Great Canadian Real Estate correction hasn’t actually corrected much in most of the country. Canadian Real Estate Association (CREA) data shows national prices fell in July, a trend that extended to most provinces. Even with most provinces seeing lower…...

1+ week, 2+ day ago   (301+ words) Rising prices are starting to push inflation to the boundary of the central bank’s comfort zone. Statistics Canada’s (StatCan) Consumer Price Index (CPI) shows growth accelerated in July. The upward pressure is primarily attributed to gas prices, but most components…...

1+ week, 6+ day ago   (489+ words) Canadian insolvency filings have been surging, but it doesn’t really matter. That was the take from BMO Capital Markets, which dismissed the issue due to population growth. In a note to investors, the bank explained the per capita trend remains…...

2+ week, 1+ day ago   (347+ words) The median worker in Canada earned $46,300 in 2024, unchanged in real terms from a year before. Hopefully those inflation numbers are right, eh? While the median worker didn’t see their income erode over this period, age made a big difference. There…...

2+ week, 3+ day ago   (105+ words) Canada’s Fake GDP Growth: Fictitious Rents Add More Than Oil Canada’s Job Market Is Booming If You Ignore Population Revisions Toronto Real Estate Prices Wipe Out 2026 Gains, Drop To 5-Year Low The price of a typical home across Greater Toronto…...

2+ week, 5+ day ago   (562+ words) Canadian seasonally adjusted (SA) employment rose 0.4% (+75k) to 21,215,000 in July, adding 0.1 points to the employment rate. This helped trim 0.1 points from the SA unemployment rate, which fell to 6.4%, its lowest level since July 2024. Two provinces that have been lagging got a…...

2+ week, 6+ day ago   (376+ words) Greater Toronto home prices wiped out gains made in the first five months of 2026 in a matter of weeks. Toronto Regional Real Estate Board (TRREB) July data shows prices fell to their lowest point in over five years. Both home…...