Canadian Real Estate News

Bank of Canada Downgrades Housing, Warns of Small Condo Glut

<![CDATA[The Bank of Canada (BoC) left its key overnight rate unchanged at 2.25% at this morning’s rate announcement. The move was expected, but the housing downgrade in the BoC’s April Monetary Policy Report (MPR) is the real story. Housing received the largest negative revision in the 2026 GDP breakdown, and is expected to weigh on […] The post <a href="https://betterdwelling.com/bank-of-canada-downgrades-housing-warns-of-small-condo-glut/">Bank of Canada Downgrades Housing, Warns of Small Condo Glut</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>. ]]>

Canada Ramps Up Temporary Visa Approvals Despite Fading Demand

<![CDATA[Canada is approving temporary residents at an unusually brisk rate—again. IRCC data shows approvals of non-permanent resident applications and extensions surged in February. Now at the third-highest volume on record, it confirms a softening stance on immigration. However, weaker applications reveal global demand for these visas is fading fast. Canadian Approvals of Temporary Resident Visas […] The post <a href="https://betterdwelling.com/canada-ramps-up-temporary-visa-approvals-despite-fading-demand/">Canada Ramps Up Temporary Visa Approvals Despite Fading Demand</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>. ]]>

Canada’s Rich Are Defaulting On Mortgages At 2x The Rate of Smaller Loans

<![CDATA[Canadian mortgage delinquencies are rising. As reported last week, the latest CBA arrears rate hit 0.28% in February, double the record lows over the past 4 years. It hasn’t surprised many, especially those in the industry who have been sounding the alarm. However, most will be surprised to learn who’s falling behind—especially regulators. Mortgage Delinquencies […] The post <a href="https://betterdwelling.com/canadas-rich-are-defaulting-on-mortgages-at-2x-the-rate-of-smaller-loans/">Canada’s Rich Are Defaulting On Mortgages At 2x The Rate of Smaller Loans</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>. ]]>

This Week’s Top Stories: Canadian Mortgage Arrears Up 89%, Debt Outpaces Wages

<![CDATA[Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Banks See Mortgage Arrears Surge 89% From Record Lows Canada’s banks are seeing mortgage arrears climb at an unusual pace. The arrears rate reached 0.28% in February, up 5 basis points from last year and driven by the volume of past […] The post <a href="https://betterdwelling.com/this-weeks-top-stories-canadian-mortgage-arrears-up-89-debt-outpaces-wages/">This Week’s Top Stories: Canadian Mortgage Arrears Up 89%, Debt Outpaces Wages</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>. ]]>

Canadian Banks See Mortgage Arrears Surge 89% From Record Lows

<![CDATA[Canada’s banks continue to see borrowers fall behind on their mortgage payments. Canadian Bankers Association (CBA) data shows the arrears rate rose in February, and now sits at double the pandemic lows. The volume of delinquencies has now reached its highest level in more than a decade. Canadian Delinquency Rate Reaches Double 2022 Lows Mortgage […] The post <a href="https://betterdwelling.com/canadian-banks-see-mortgage-arrears-surge-89-from-record-lows/">Canadian Banks See Mortgage Arrears Surge 89% From Record Lows</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>. ]]>

Canadian Real Estate Crash Overstated, Nova Scotia Up $13k In A Month

<![CDATA[Canadian real estate sales may be tepid at best, but their correction appears greatly overstated. The Canadian Real Estate Association (CREA) reported prices climbed 0.5% (+$3.1k) to $664,400 in March. Diving into their provincial Home Price Indexes (HPI) reveals that all but one province saw prices rise last month. Nova Scotia even posted a mind-boggling […] The post <a href="https://betterdwelling.com/canadian-real-estate-crash-overstated-nova-scotia-up-13k-in-a-month/">Canadian Real Estate Crash Overstated, Nova Scotia Up $13k In A Month</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>. ]]>

Canadian Businesses Brace For 5 Years of High Inflation: BoC Survey

<![CDATA[Canadian businesses were bracing for elevated inflation—then the Iran War broke out. Now they’re doubting the Bank of Canada’s (BoC) ability to contain inflation, according to the Q1 2026 Business Outlook Survey. The central bank’s survey reveals firms are preparing for 5 years of elevated inflation. Canadian Businesses Expected Inflation To Surge Before Latest War […] The post <a href="https://betterdwelling.com/canadian-businesses-brace-for-5-years-of-high-inflation-boc-survey/">Canadian Businesses Brace For 5 Years of High Inflation: BoC Survey</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>. ]]>

Canadian Household Debt Outpacing Wages (Again), Structural Trap Deepens

<![CDATA[Canadian wages are growing faster than usual, but they’re failing to keep up with household spending. Statistics Canada (StatCan) data reveals household credit is once again outpacing wage growth, suggesting households are borrowing what their wages won’t provide. The growing gap raises questions about the sustainability of repaying a household debt load that now rivals […] The post <a href="https://betterdwelling.com/canadian-household-debt-outpacing-wages-again-structural-trap-deepens/">Canadian Household Debt Outpacing Wages (Again), Structural Trap Deepens</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>. ]]>

Canadian Housing Starts Fall As Vancouver Slumps, Toronto Still Lags

<![CDATA[Canada’s building boom is slowing, but not in the country’s biggest markets—with a big exception. Canada Mortgage and Housing Corporation (CMHC) data shows new housing starts fell in March. Despite the drop, two of the three largest markets saw an uptick in building activity. The exception was Canada’s most expensive market, where completed and unsold […] The post <a href="https://betterdwelling.com/canadian-housing-starts-fall-as-vancouver-slumps-toronto-still-lags/">Canadian Housing Starts Fall As Vancouver Slumps, Toronto Still Lags</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>. ]]>

Canadian Inflation Soars on Record Gas Price Surge. April Will Be Worse.

<![CDATA[Canadian inflation readings are surging, a trend that’s just getting started. Statistics Canada’s (StatCan) Consumer Price Index (CPI) surged in March. The surge is largely attributed to energy prices, which had been dragging growth due to a base effect. A base effect that was set to expire in April, and set to compound with soaring […] The post <a href="https://betterdwelling.com/canadian-inflation-soars-on-record-gas-price-surge-april-will-be-worse/">Canadian Inflation Soars on Record Gas Price Surge. April Will Be Worse.</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>. ]]>

Real Estate News - Canada