Canadian household net worth grew 1.3% to $18.6 trillion in Q4, driven by financial asset gains despite a 2.2% decline in home prices. The debt-servicing ratio decreased slightly to 14.57%, aided by income growth and lower interest rates, though mortgage pressures remain elevated. Household credit market debt rose moderately to $3.2 trillion, with mortgage borrowing […]

Canada's housing agency warned buyer incentives can lift demand faster than supply, pushing prices higher when housing stock stays limited and affordability remains under pressure. Its modelling found targeted demand-side measures would need ~7.8K extra housing starts yearly to offset added demand and avoid worsening affordability. Broad-based buyer incentives could require up to 28K new

This spring market no longer moved in one direction. Conditions varied by neighbourhood and city, with some areas cooling while others stayed highly competitive. More inventory gave buyers more choices and eased bidding pressure. Secondary cities, suburbs, and pandemic boom areas showed softer pricing and better negotiation openings. Homes sitting for several weeks often signaled

Home price growth expected around 3% to 5%, strongest in Canada Calgary and Edmonton continue to benefit from strong interprovincial migration Sales activity above national Canadian recovery average Entry-level supply remains tight, supporting price strength

Upcoming housing reports will reveal if rising supply or returning buyers drive the spring market. March home sales data will indicate whether demand is picking up after a weak start to the year. Supply factors, including pent-up demand and backlog listings, will influence market balance. March housing starts data will show new construction trends, with

A survey found 55% of Canadians are not living in their ideal home, with most desiring a detached house averaging 2,098 sq ft, three bedrooms, 2.5 bathrooms, and a yard. Affordability is the main barrier, cited by 59%, followed by moving costs and saving for a down payment. Homeowners report higher satisfaction than renters, and

National home prices in Canada fell 3% year over year in March, with six of 13 major markets showing declines. Halifax joined cities like Ottawa, Hamilton, Toronto, Vancouver, and Victoria in price drops. Prairie markets saw modest gains, while Montreal and Quebec City posted strong increases. Townhouses and condos experienced the steepest price declines, while

Developers across Canada are increasing incentives as weak new-home sales signal softer housing demand and slower market momentum. Major declines in markets like Greater Toronto Area, Vancouver, and Montreal suggest near-term price growth may remain limited. Rising unsold inventory and promotional offers indicate buyers gaining leverage in new-construction negotiations.Slowing sales could reduce future housing starts,

The Bank of Canada policy rate is currently 2.25%, with most forecasts expecting interest rates to remain largely stable through 2026. Canada’s prime rate sits near 4.45% while inflation is about 2.3%, suggesting borrowing costs may stay steady rather than fall sharply. By the end of 2026, about 33% of Canadian mortgage holders are expected

Canada's spring housing market showed varied trends, with resale activity and prices differing by region. Prices fell in British Columbia, Alberta, and Ontario, but rose in Quebec, the Prairies, and Atlantic Canada. Toronto saw slight sales growth and lower inventory but continued price declines. Montreal had stable sales and price gains, while Vancouver and Calgary