31 h. 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

57 h. 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

60 h. 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

64 h. ago Will the Bank of Canada cut interest rates again as trade war deepens?

Some analysts expect the central bank to cut its benchmark rate by 25 basis points, bringing it down to 2.5 per cent, while others expect the rate to be held steady.

Economics

3 d. ago OPINION: Homebuilding in Canada stalls despite population explosion

In many parts of Canada, the housing affordability crisis continues with no end in sight. And many Canadians priced out of the housing market or struggling to afford rent increases are left wondering how much longer this will continue.  Simply put, too few housing units are being built for the country’s rapidly growing population, which […]

Events

3 d. ago Canada needs to build, not cut its way back to strength: Carney

"I know, after long experience, we need to build our way out of a crisis," the Liberal leader said

Transport

3 d. ago Hardly anyone is building or buying homes in Ontario anymore as market flops

Apologies for sounding like a broken record about the state of Ontario's housing market, but you may want to check on your realtor and homeowner friends, because things have been pretty dire out there — and worsening — for well over a year now.Politicians continue to emphasize the pressing need for more housing to keep up with the nation's record immigration-led population growth, but meanwhile, a raft of unsold houses and condo units have been languishing on the market for far longer than usual, especially in the GTA.As the number of homes switching hands remains at rock-bottom lows, developers have had to radically pull back on new construction, with some even putting entire projects into receivership.It seems like a never-ending cycle of diminishing sales numbers, less construction and ever-lower confidence in the market from stakeholders on all sides.And, with prices failing to budge much due to how much sellers paid in the first place — bec...

Other

3 d. 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 d. 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

3 d. ago CREA downgrades housing market forecasts due to tariffs, economic uncertainty

Total Canadian sales fell 9.3% year-over-year in March on a non-seasonally adjusted basis

Economics

4 d. ago Another Bank of Canada interest rate cut is on the way and here's what could happen

Amid times of economic uncertainty — an upcoming federal election and tense relations with the U.S. — Canadians are waiting for the next Bank of Canada (BoC) interest rate announcement.The central bank has made two 0.25 per cent cuts to its key interest rate so far this year, with the last one on March 12 bringing the rate to 2.75 per cent.That announcement came a week after U.S. President Donald Trump imposed a 25 per cent tariff on all Canadian goods, and Canada retaliated with counter-tariffs. The BoC claimed the Canadian economy entered the year in a "solid position," saying GDP showed robust growth, and inflation was finally close to the two per cent target.However, with economic aggression from the U.S., BoC officials predicted a slower pace of economic activity and increased inflationary pressures in Canada. The latter concern contributed to the decision to lower the policy rate by a quarter point.The last BoC update did not come with an extensive m...

Other

8 d. ago Poilievre to Push Cities to Cut Taxes on New Home Construction

Conservative Leader Pierre Poilievre announced a plan to push cities to cut development charges on new home construction in Canada.

Economics

8 d. ago UK Housing Market Risks Being Derailed by Trade War, RICS Says

The UK housing market is in danger of being “blown off course” by US President Donald Trump’s trade war, estate agents warned after activity weakened sharply last month.

Economics

1 week ago These are the Toronto neighbourhoods where homes are selling the fastest right now

Even in the currently sluggish housing market, home buyers in certain GTA neighbourhoods are wasting no time when it comes to snapping up family-sized houses. According to a recent analysis by digital real estate platform Wahi, single-family homes continue to sell in two weeks or less in specific Toronto-area communities. The platform analyzed home sales data for the first quarter of 2025 and looked at the average number of days that listings remained on the market before selling. Findings show that three-bedroom single-family homes are the fastest-selling type of property in the GTA. To be considered in the analysis, neighbourhoods had to meet a threshold of at least five sales of a given housing type. Source: Wahi.Single-family homes with three bedrooms, which for the purposes of the study, included detached and semi-detached houses as well as townhouses, took an average of 23 days to sell. In 48 specific neighbourhoods, three-bedroom single-family homes took o...

Economics

1 week ago 'Very strong market': Edmonton real estate market continues to grow in all areas

"If you look at the price gap between Edmonton and Calgary, we're still looking at a $200,000 price gap, and that's driving a lot of migration into our area, and that's keeping our housing prices strong and the market up"

Other

1 week ago The 'vibiest house' in Toronto with an iconic mural just hit the market for $1.5 million

Everyone knows that Trinity Bellwoods is one of the coolest neighbourhoods to live in, but to claim to be the "vibiest house, in the vibiest location" is bold. And yet, the claim rings true for 8 Humber St. Located in the heart of Ossington, this four-bedroom, four-bathroom Victorian semi-detached house is beyond cool. The Jerry Rug mural. First off, it has a custom Jerry Rugg aka birdO mural on the entire west facade of the house. The iconic mural has just recently been restored, which makes this house stand out even more. The foyer. And that's just the exterior. The dining room. As you enter the house, you're greeted by a newly renovated house.The open concept main floor. The open concept main floor has soaring ceilings, exposed brick and a Scandinavian-inspired kitchen. A bedroom. The second floor boasts three bedrooms and a three-piece bathroom. Another bedroom. Each room is "vibey" in its own right. ...

Economics

2 w. ago Bank of Canada expected to make deeper rate cuts amid stock rout, job losses

Traders put the odds at about a coin flip for another rate cut on April 16

Economics

2 w. ago Huge share of Canadian renters blame housing crisis on wages

A new survey by online marketplace rentals.ca shows that many Canadian renters feel priced out of the housing market, with several factors driving unaffordability.The 2025 Federal Election Survey questioned hundreds of Canadian renters and discovered that over 40 per cent blamed the housing crisis on wage stagnation compared to housing prices.A total of 47 per cent of renters surveyed also identified stagnant wages and rising housing costs as a key issue in the upcoming federal election."Renters are just as concerned about affordability pressures and economic fairness as they are about supply constraints," stated the report."While issues for currently undecided voters were similar to the broader population, they did skew more towards concerns with inflation and wage stagnation, indicating that addressing the overall cost of living could be the key for parties hoping to win over these swing voters."A recent report from Normandin Beaudry, an actuarial consulting service, sai...

Other

2 w. ago Bank of Canada April rate cut still in play as job market weakens, economists say

Tariff uncertainty to continue to weigh on economy and hiring

Other

2 w. ago Toronto's real estate market is in major trouble amid global uncertainty

The Greater Toronto Area's (GTA) real estate market is currently facing some significant challenges, with March 2025 marking the lowest home sales for the month in over two decades.Spring usually brings a boost in housing activity, but this year, it's witnessed a slow market with many prospective buyers putting a hold on their homeownership dreams ahead of the federal election and the ongoing trade war with the U.S.According to the Toronto Regional Real Estate Board's (TRREB) March report, many buyers have adopted a "wait-and-see approach," which has translated into slower market activity. However, amid these challenges, the report also revealed a silver lining for would-be homeowners.The report indicates that homeownership in the GTA became more affordable in March 2025 compared to the previous year. On average, both borrowing costs and home prices declined over the past year, which made monthly payments more manageable for households looking to purchase property in the region...

Politics