
Canada’s new home prices continued to slide in June, with the national New Housing Price Index falling 0.2% month-over-month, according to Statistics Canada. This marks the third consecutive monthly decline.
Canada’s new home prices continued to slide in June, with the national New Housing Price Index falling 0.2% month-over-month, according to Statistics Canada. This marks the third consecutive monthly decline.
Falling prices, slower construction and investor strain point to a prolonged downturn, which Oxford warns could last into 2026 if trade tensions with the U.S. remain unresolved.
After a turbulent start and with the backing of a new ownership group WealthONE is looking to establish itself as the country’s next major challenger bank.
Ongoing trade uncertainty is weighing on hiring, investment and household spending, as more Canadians brace for a possible recession.
Retiring with mortgage debt is no longer the exception—it’s quickly becoming the norm as rising housing costs and later-life borrowing reshape retirement in Canada.
A new analysis by the national housing agency estimates Canada could add 30,000 more housing starts annually by eliminating interprovincial trade barriers.
Affordability pressures continue to reshape how Canadians buy homes, with family support, rental income, and professional advice playing a bigger role in purchase decisions.
Lenders have started raising fixed mortgage rates again, with signs pointing to a short-term upward trend.
Canada’s pace of new home construction edged up in June, rising 0.4% from May to a seasonally adjusted annualized rate of 283,734 units, according to the Canada Mortgage and Housing Corporation.
Canada’s inflation rate ticked up slightly in June, reinforcing expectations that the Bank of Canada will remain on pause at its upcoming July 30 rate decision.