Elevated mortgage rates, rising home prices and few properties on the market were to blame
Better integrating immigrants could solve productivity puzzle
Lower rates, pent-up demand to drive homes prices up 4.7% in 2025
Rental market softened in 2024 amid multi-decade highs for apartment completions, slow population inflows
New loan-level data shows majority of mortgages to renew in next two years, most at higher rates
The average selling price declined 1.6% on an annual basis
Faster mortgage growth, HELOCs push debt over the $3 trillion mark
Canada’s supply of purpose-built rentals grew 4.1% on an annual basis
Forthcoming fall economic statement will boost loan limit to $80,000
Rents dropped for the second month in a row after more than three years of increases