Housing market

Statistics Canada reports value of building permits up 3.4% in August

Economic Indicators

Statistics Canada reports value of building permits up 3.4% in August

Modest declines in residential construction plans, total monthly value of non-residential permits rose 14.8% to $5.0 billion

By The Canadian Press |October 11, 2023

1 min read

Toronto home sales drop 7% in September, while Vancouver market more balanced

Market Insights

Toronto home sales drop 7% in September, while Vancouver market more balanced

TD Economics expects declines in sales and prices into 2024 across most regions

By Sammy Hudes, The Canadian Press  and  Staff |October 4, 2023

3 min read

Homeowners brace for mortgage payment shock amid higher-for-longer rate outlook

Economic Indicators

Homeowners brace for mortgage payment shock amid higher-for-longer rate outlook

Banks and other lenders have been stretching out amortizations to reduce monthly payments

By Ian Bickis, Canadian Press |October 2, 2023

3 min read

Feds unlock another $20 billion for low-cost rental construction financing: Freeland

Industry

Feds unlock another $20 billion for low-cost rental construction financing: Freeland

The government is raising the limit on the Canada Mortgage Bonds program to $60 billion

By The Canadian Press |September 26, 2023

1 min read