Housing
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Canada's housing news, summarized daily
LatestCheaper oil is doing mortgages a (slight) favour'Bloodbath for sellers': Tales from the frontlines of Toronto's condopocalypseHome sales rise in May, reverse mortgages hit the gas, the Home of the Week and more top real estate storiesWhy mortgage brokers tend to favour variable rates over fixedRenovations fail to lift North York condo above 2024 purchase price
Top Stories
Cheaper oil is doing mortgages a (slight) favour
MortgagesNational
Cheaper oil is doing mortgages a (slight) favour
Oil price declines are providing modest relief to mortgage rates, with fixed rates easing downward as energy costs fall. The drop offers a slight benefit to borrowers seeking fixed-rate mortgages in Canada.
Financial Post · 19 hours agoRead more →
'Bloodbath for sellers': Tales from the frontlines of Toronto's condopocalypse
New ConstructionOntario
'Bloodbath for sellers': Tales from the frontlines of Toronto's condopocalypse
Toronto's condo market is experiencing an extended correction spanning four years, with owners, investors, and developers suffering significant financial losses. The market downturn shows no signs of bottoming out, marking what may be one of the longest condo corrections on record in Canada.
Financial Post · 23 hours agoRead more →
Home sales rise in May, reverse mortgages hit the gas, the Home of the Week and more top real estate stories
MortgagesNational
Home sales rise in May, reverse mortgages hit the gas, the Home of the Week and more top real estate stories
Home sales increased in May, marking a positive shift in the Canadian real estate market. The article also highlights a surge in reverse mortgage activity and provides current mortgage rate information for both fixed and variable options across Canada.
Globe and Mail · 1 day agoRead more →
More Headlines
Why mortgage brokers tend to favour variable rates over fixed
Mortgages
Why mortgage brokers tend to favour variable rates over fixed
Financial Post · 1 day ago
Renovations fail to lift North York condo above 2024 purchase price
Affordability
Renovations fail to lift North York condo above 2024 purchase price
Globe and Mail · 2 days ago
Investor pares back asking price on St. Lawrence Market condo
Affordability
Investor pares back asking price on St. Lawrence Market condo
Globe and Mail · 2 days ago
Posthaste: Luxury real estate is bouncing back, just not where you might think
Affordability
Posthaste: Luxury real estate is bouncing back, just not where you might think
Financial Post · 3 days ago
More affordable rentals luring Toronto-area buyers away from real estate
Affordability
More affordable rentals luring Toronto-area buyers away from real estate
Globe and Mail · 3 days ago
Canada’s reverse mortgage market has quietly grown to almost $11-billion
Mortgages
Canada’s reverse mortgage market has quietly grown to almost $11-billion
Globe and Mail · 3 days ago
Calgary’s efforts to boost non-market housing mired in delay
Affordability
Calgary’s efforts to boost non-market housing mired in delay
Globe and Mail · 4 days ago