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Under Market Updates

Renewing Mortgages at Higher Rates & Low Affordability Weight on Canadian Housing Market Prospects

Fitch Ratings has sharply downgraded its outlook for Canada’s housing market, citing a weakening economic environment and expectations for a softer job market. In its mid-year global housing market update, … [read more]

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Metro Vancouver Buyers Re-Emerge Amid Lower Prices & Rates, but Oversupply & Economic Uncertainty Keep Pressure On Housing

Housing market activity in the Lower Mainland in May edged higher, potentially signaling a bottom in sales after an uncertainty-driven downturn that began in November. Data from the Vancouver and … [read more]

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