It’s been a tumultuous few years for housing prices. The national average hit a high of $816,720 in February 2022, as record-low mortgage rates drove buyer demand. Once the Bank of Canada started hiking interest rates in March 2022, though, price growth quickly chilled.
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The Greater Toronto Area housing market improved slightly between May and June, though ongoing economic unease kept on a lid on year-over-year …
Read articleConsumer price growth was a mixed bag last month, with shoppers still feeling the squeeze in the grocery store aisle, but more relief in terms …
Read articleThere are early signs that Canada’s housing market is defrosting. After a chilly spring market, in which home sales hit a 16-year low in March, …
Read articleHome shoppers have enjoyed a rare combination of lower mortgage rates and dropping prices this spring – but the latest data shows time may be …
Read articleWhat is a mortgage? No, seriously, what’s a mortgage and how do they work? We’ve brokern down exactly what a mortgage is, from the ground up.
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