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U.S. inflation cools in April, fuelling expectations of Fed easing later this year
U.S. inflation cools in April, fuelling expectations of Fed easing later this year

U.S. inflation unexpectedly cooled in April, reinforcing expectations that the Federal Reserve could continue cutting rates later this year.

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May 13, 2025
Ontario to table bill to speed up home building as 1.5M target not on track
Ontario to table bill to speed up home building as 1.5M target not on track

Ontario's housing minister is introducing legislation today intended to speed up the construction of new homes, as he admits the province isn't currently on track to meet its goal of getting 1.5 million homes built over 10 years.

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May 12, 2025
This week’s economic calendar: Housing data, BoC survey, and more
This week’s economic calendar: Housing data, BoC survey, and more

This week brings a few key Canadian economic releases that will shed light on housing, lending conditions, and overall economic momentum.

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May 12, 2025
Rising unemployment rate and weak job gains point to June Bank of Canada rate cut
Rising unemployment rate and weak job gains point to June Bank of Canada rate cut

Following a steep March decline, modest job growth in April suggests tariff impacts are weighing on Canada’s economy, raising the odds of a 25 bps rate cut in June.

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May 09, 2025
Bank of Canada warns of potential household strain as mortgage renewals peak and trade war risks linger
Bank of Canada warns of potential household strain as mortgage renewals peak and trade war risks linger

Canada’s financial system may be holding steady, but rising household debt and looming mortgage renewals are emerging as critical risks, the Bank of Canada warns in its 2025 Financial Stability Report.

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May 08, 2025
Average asking rents down annually for seventh straight month at $2,127: report
Average asking rents down annually for seventh straight month at $2,127: report

The national average asking rent in April was down year-over-year for the seventh straight month at $2,127, marking a decrease of 2.8%.

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May 08, 2025
FSRA clarifies CE requirements for Ontario mortgage agents and brokers
FSRA clarifies CE requirements for Ontario mortgage agents and brokers

Ontario mortgage agents and brokers have until March 31, 2026, to complete their current Continuing Education (CE) requirements. The Financial Services Regulatory Authority of Ontario (FSRA) recently clarified what counts toward the required hours—an...

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May 08, 2025
Montreal home prices surge as suburban markets outshine the island
Montreal home prices surge as suburban markets outshine the island

Montreal’s real estate market saw a strong start to the spring season, with residential sales rising 10% year-over-year in April to 5,126 transactions, according to the Quebec Professional Association of Real Estate Brokers (QPAREB).

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May 07, 2025
Nova Scotia fixed-term lease loophole to remain in place despite some abuse: official
Nova Scotia fixed-term lease loophole to remain in place despite some abuse: official

A provincial official acknowledged Tuesday that some Nova Scotia landlords are abusing fixed-term leases, but the government is not looking to change tenancy law because there could be "unintended consequences."

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May 07, 2025
Thinking of a private mortgage? Here’s what lenders want to see
Thinking of a private mortgage? Here’s what lenders want to see

Private mortgages continue to play an important role in today’s Canadian housing market, especially as traditional lending guidelines tighten. Yet many borrowers are surprised to learn that private lenders don’t simply look at one or two factors — th...

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May 06, 2025
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