Canadian home sales fell 2.3% in September as fixed rates rose
CREA says September sales fell 2.3% and the benchmark price dropped 0.4%, with 4.9 months of inventory. What it means for buyers, sellers and renewers.
What changed this week in Canadian mortgages, lending and real estate.
CREA says September sales fell 2.3% and the benchmark price dropped 0.4%, with 4.9 months of inventory. What it means for buyers, sellers and renewers.
CMHC's September data show the annual pace of starts up 3% to 248,896 units, a flat trend, and actual starts down 11% from a year earlier.
B.C. replaced its Mortgage Brokers Act on October 13, 2026. Brokers are now licensed and must give borrowers standard disclosure forms.
Factory sales rose 1.5% to $79.9 billion in August, but volumes were flat. What the release means ahead of the October 28 rate decision.
Employment fell by 68,000 in September and unemployment rose to 6.5%. Here is where the losses were, and why borrowers renewing soon should pay attention.
Municipalities approved $13.6 billion in construction in August, with multi-unit housing driving the gain. What the numbers do and don't say about future supply.