Tougher capital rules may lead to sharply lower lending
Wages, housing costs stoking price pressures in services
Median price of previously occupied homes rose 5.7% to $407,600 — the tenth straight increase and a record for April
The seasonally adjusted annual rate of housing starts in Canada came in at 240,229 units for April, a drop of 1% from March
The average asking rent for a one-bedroom unit in Canada was $1,915
Inventory in April reached levels not seen since pandemic
Calgary Real Estate Board says 2,881 units sold last month, with a benchmark price across all home types of $603,700
Plans are being delayed to 2025 and beyond, the survey says
Inflation, higher interest rates add to the financial challenges
Policy could be a double-edged sword for renters, advocates warn