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Under Real Estate

Builders Face Financing & Cost Pressures, Buyers are Adapting for New Ways to Achieve Housing Goals

Canadians are increasingly open to different ways of becoming homeowners, but a new report suggests builders are having trouble delivering the lower-cost homes buyers need. New research commissioned by Meridian … [read more]

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Buying A Home is Slowly Becoming More Affordable, But Improving Affordability Window Closing Soon

• RBC’s national housing affordability measure in Canada was little changed in Q2 (52.8%), posting its smallest improvement of 0.4 percentage point in almost a year. • Ownership costs remained … [read more]

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Improving National Housing Market Mechanics Still Intact, Early Signs of Regional Rebalancing

Canada’s housing market hit pause in August after five consecutive months of gains with resales declining 0.7% month-over-month seasonally adjusted—retreating to levels in May. The pullback coincided with an escalation … [read more]

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