5 h. ago Canada’s housing market is ‘cracking’ under Trump’s trade war: report

The sharpest pullback in people getting into the housing markets has been in southern Ontario and British Columbia, RBC economist Robert Hogue said.

Economics

8 h. ago Bank of Canada warns Trump’s tariffs could trigger ‘market dysfunction’

Financial stability report says global trade war could lead to severe economic consequences for Canada

Economics

8 h. ago Mortgage rates at 3% or lower the magic number to reignite Canada’s housing market

Many potential homeowners don't have a lot of wiggle room when it comes to what they are comfortable paying

Events

61 h. ago Canadians are bracing for more food inflation amid U.S. trade war: new report

Despite continued affordability concerns, trust in all food institutions increased, the second issue of the Canadian Food Sentiment Index shows

Economics

62 h. ago 1 in 3 Canadians say down payments are blocking homeownership

TORONTO and MONTREAL, May 06, 2025 (GLOBE NEWSWIRE) — As rent prices outpace inflation and wages lag, one-in-three (32%) Canadians say saving for a down payment is the biggest barrier keeping them out of the housing market, according to a new survey from CPA Canada and BDO Debt Solutions. Another 30 per cent of Canadians […]

Other

3 d. ago More Canadians are holding back on buying homes amid recession fears

Rising concerns about Canada plunging into a recession are deterring prospective homebuyers, according to a new report.The BMO Financial Group released its latest Real Financial Progress Index on Monday, revealing that many Canadians are taking a "wait and see" approach as the possibility of Canada descending into an economic recession increased from 60 per cent to 74 per cent from March to April 2025."Canada's housing market remained under pressure heading into the spring, with sales and prices both weakening further," said Robert Kavcic, senior economist at BMO Capital Markets."There is some clear underlying weakness as inventory builds and investors remain absent. Suffice it to say, homebuyers are losing confidence and motivation, especially in areas of B.C. and Southern Ontario."The BMO survey examined how concerns about the economy have impacted prospective homebuyers' decisions.It found that over two-thir...

Other

2 w. ago Unpacking the Bank of Canada’s pause: FP Video talks to the economists

Watch analysis on Canada's energy outlook, the housing market and more

Other

3 w. ago More Bank of Canada rate cuts won’t boost ‘muted’ housing market in 2025: Ron Butler

Watch: Mortgage broker talks about what is happening in Canada's housing market

Other

3 w. ago Rate hold means status quo for Canada’s struggling housing market: Experts

Real estate watchers say the Bank of Canada’s decision to hold its key policy rate steady at 2.75 per cent will likely keep a sluggish housing market at the status quo. Wednesday’s announcement marked the first time the central bank has left the benchmark rate unchanged following seven consecutive cuts since June.  Ratesdotca mortgage and […]

Other

3 w. ago Posthaste: Bank of Canada must cut rates deeper to salvage rocky housing market, say economists

Interest rates remain too high to turbocharge the sector, which is a major contributor to Canada's economy

Other

3 w. ago Bank of Canada should and will cut interest rates: CIBC’s Benjamin Tal

Watch: 'The housing market in Canada is a tale of two markets, and I think the Bank of Canada will take this into account when making a decision'

Other

3 w. ago Tariff turmoil means Canada’s housing market is ‘treading water at best’

The national average home price in Canada was $678,331 in March 2025, down 3.7 per cent from March 2024, the Canadian Real Estate Association said.

Economics