GST rebate hike makes sense but permanent fix needed to combat inflation:...
The federal government officially announced on Tuesday it will double the GST rebate for six months to help lower-income Canadians facing a rising cost of living.
View ArticleCanada housing market outlook 2023: Here’s what buyers and sellers can expect
What does 2023 have in store for the Canadian housing market? Here's what you can expect for home prices, and which markets and property types could see growth.
View ArticleHomes sales, prices will reach their bottom in early 2023: TD report
A new report from TD Economics predicts Canada will see the weakest level of home sales since 2001 this year.
View ArticleHome prices in Canada could fall 5.9% in 2023, CREA forecasts
The outlook came as CREA reported home sales in December 2022 were down 39.1 per cent compared with a year earlier.
View ArticleHousing market downturn a top risk to Canada’s financial system, regulator says
A potential housing market downturn and adjusting to interest rate increases are among the biggest risks to Canada's financial system, the country's financial regulator said.
View ArticleRate hikes could ‘take some steam’ out of housing market rebound
Home sales and prices in Canada continued their recovery from the housing correction this past year, with most markets seeing an uptick in activity last month.
View ArticleRecord immigration numbers reinforce need to boost housing supply: economist
Canada welcomed more than 145,000 immigrants during the first three months of the year. That's the highest number for a single quarter on record.
View ArticleCanada’s military will start phasing out old housing benefit
The Armed Forces announced plans in March to create a new housing allowance that is based on salary, rather than where a soldier is posted.
View ArticleSales surged on cheaper detached homes in some big markets — then came rate...
Interest rate hikes have prompted buyers to "step back," but RE/MAX Canada executive VP Elton Ash said with the lack of inventory of houses there may not be a big pricing change.
View ArticleHigher prices are driving some resort community residents to leave: ‘There is...
Resort destinations in B.C. and Alberta are among the fastest-growing communities in Canada, leading to a housing crunch that has made it difficult for residents to find a home.
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