Category: Uncategorized
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BoC: 3 Signs of Mortgage Default Risk
Canada’s mortgage debt reached about $2.4 trillion, equal to roughly 73% of GDP and about 74% of total household debt. Higher credit reliance appears about two years before default, as households increasingly depend on credit cards and lines of credit. Delinquencies on other credit products rise earlier, especially credit cards, auto loans, and home equity Read more
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The HST new housing rebate in Ontario: How to get your money back
In Ontario, new homes are subject to a 13% HST, adding significant cost, but a rebate program helps offset this for primary residences. The rebate has federal and provincial parts, with a maximum combined rebate of $24,000 for homes up to about $368,000. For homes over $450,000, only the provincial rebate applies. Buyers must use Read more
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Why 2026 Is Toronto’s Best buyer Market in Decades
Pre-construction condo sales fell to levels not seen since the 1990s; delays rise and launches get more selective. GTA avg prices stabilizing between $1M and $1.03M, with historically high inventory and modest growth. Condo oversupply: small units start ~$400K; larger 2-3 bedroom units span $600K to $1.2M. Key risks: appraisal gaps, slowed assignment sales, renewals Read more
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Winter Brings Opportunities for Canadian Homebuyers
Housing markets in Toronto, Vancouver, and Calgary continue to weaken, with prices declining due to elevated inventory and subdued demand. Toronto and Vancouver remain buyer-favored, with sales down and prices falling nearly 8% and 6.8% respectively year over year. Montreal shows price resilience with a 7% rise amid low inventory. Calgary faces price pressure from Read more
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Canada’s rental cool-down masks fresh supply crunch risk for 2028
Canada's rental market in 2026 showed signs of stabilization with a 3.1% vacancy rate and slower immigration, but a sharp decline in apartment starts and increased cancellations in major cities signal a potential rental supply crunch by 2028. Population shifts vary regionally, with declines in British Columbia and Ontario, while Alberta and Nova Scotia see Read more
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Residential Real Estate Market to Hit $34.94T
Slide 1 Global residential real estate is projected to triple by 2035. Slide 2 Market value rises from $11.56 trillion to $34.94 trillion. Slide 3 Growth reflects a strong 11.7% compound annual expansion rate. Slide 4 Remote work increases preference for larger suburban and rural homes. Slide 5 Rising incomes and economic stability support stronger Read more
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Canada Rate Outlook: Stable Through 2026
Core inflation is easing, with underlying price pressures moderating and reducing the urgency for further monetary tightening. Economic growth has stabilized after earlier weakness, while the labor market remains steady enough to support a policy pause. The Bank of Canada is widely expected to hold its policy rate steady through most of 2026 unless conditions Read more
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CMHC says housing affordability pressures easing nationally, remain high in major cities
Housing affordability pressures in Canada have eased slightly since 2023 but remain near historic highs in major cities. A new index measuring both homeownership and rental affordability shows modest improvement in homeownership and stabilization in rentals. The index also considers income levels, supply and demand, and essential expenses, highlighting ongoing affordability challenges beyond just Toronto Read more
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Canada Construction Market Size Growth, Trends & Forecast 2034
The Canada Construction Market, valued at USD 280.30 billion in 2025, is projected to reach USD 430.98 billion by 2034 with a CAGR of 4.70%. Growth is driven by infrastructure modernization, residential demand, commercial expansion, and green building initiatives. Ontario leads with 39% market share. Challenges include rising costs and labor shortages, while opportunities lie Read more
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Why Toronto Feels Different in 2026
Toronto in 2026 shows a shift from rapid growth to steady integration, with construction maturing and transit reshaping neighborhoods. Hybrid work redistributes activity beyond the financial core, while tech industries are fully embedded. Immigration continues to add economic and cultural layers. Housing affordability challenges foster pragmatic lifestyles. Public spaces and transit focus on access and Read more