The feed · Edmonton
Better Dwelling · Economic
Government of Canada bond yields made an abrupt surge yesterday, extending a trend that kicked off in February. Despite the aggressive rise, mortgage rates haven’t climbed with them as expected. A Big Six bank says lenders are absorbing the shock and it’s not sustainable. They’re warning investors t
Canadian Mortgage Trends · Economic
Household debt burdens eased as income growth outpaced debt payments, but mortgage interest costs continued to climb.
Better Dwelling · Economic
Canadian real estate affordability continued to improve in Q2 2026, but remains far from affordable. The Bank of Canada’s (BoC) Housing Affordability Index logged an 11th straight quarter of improvement, as falling prices, lower rates, and rising incomes drove a historic correction. Unfortunately, h
Canadian Mortgage Trends · Economic
The federal housing agency says Canada narrowly chipped away at its supply gap over the past year, but the country still needs up to nearly 4.7 million new homes over the next decade to restore pre-pandemic affordability by 2036.
Canadian Mortgage Trends · Economic
Yields on U.S. government debt rose to fresh multi-year highs — stoking demand for an auction of 30-year bonds — as surging oil prices bolstered the case for a Federal Reserve interest-rate hike as soon as next week.
Canadian Mortgage Trends · Economic
Canada’s financial regulator pledged that a key capital requirement for the country’s largest banks will remain stable as long as he’s in the role.
Canadian Mortgage Trends · Economic
The average asking price for a rental unit in August was $2,035, down 4.8% compared with a year ago.
Canadian Mortgage Trends · Economic
More than 85% of new uninsured mortgages carried either a variable rate or a fixed term of less than five years in the first quarter, increasing borrowers’ exposure to future rate changes.
Better Dwelling · Economic
Huzzah! Canada’s banks can tap American investors for mortgage funding again. Earlier this year, the U.S. SEC quietly granted a no-action exemption for covered bonds, allowing Canadian lenders to market them to American investors without the loan-level disclosure required for comparable U.S. product
Canadian Mortgage Trends · Economic
RMG’s Bruno Valko says global deficits, inflation risks and heavy bond issuance are complicating the outlook for fixed mortgage rates.
Better Dwelling · Economic
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canada’s Credit Crunch: Peak Homebuyer Defaults & Renter Insolvencies Soar Canadian households are cracking under the pressure of supersized debt loads. New data from TransUnion shows household debt hit $2.64 trillion in Q2 2
Edmonton Journal Real Estate · Real Estate
'We'd like to reassure the residents at Pinnacle that we're only there to to make improvements. They don't have to be worried about rental increases'
Better Dwelling · Economic
Canadian employment stumbled after a multi-month winning streak that seemed to defy gravity. Statistics Canada’s (StatCan) Labour Force Survey (LFS) shows employment dropped sharply in August. On its own, it’s not particularly concerning as it only rolls back a fraction of the huge gains made recent
Canadian Mortgage Trends · Economic
Impaired loans have climbed to $37.5 billion as consumer and commercial credit pressures grow, although mortgage delinquencies remain relatively low.
Canadian Mortgage Trends · Economic
A surprise jump in U.S. hiring last month has bolstered the case for the Federal Reserve to raise interest rates when they meet later this month, but a hike is still not guaranteed.
Better Dwelling · Economic
The Canadian economy is booming and inflation remains lofty, according to the central bank. The Bank of Canada (BoC) held its key policy rate this morning, matching market expectations. The BoC defended its decision based on strong GDP growth and elevated inflation. However, the Governor warned that
Storeys · Real Estate
The Bank of Canada left its target for the overnight rate untouched at 2.25% on September 2, keeping the Bank Rate at 2.5% and the deposit rate at 2.20%. Governing Council held, with the economy and inflation evolving broadly as forecast in July. The backdrop, though, has moved: long-term bond yield
Better Dwelling · Economic
The bill for Canada’s housing bubble is finally landing, and many can’t afford to pay it. TransUnion credit data shows consumer credit is expanding aggressively in Q2 2026. The growth isn’t due to confidence-inspired borrowing, but existing borrowers looking to offset their rising cost of living. Th
Better Dwelling · Economic
The Canadian economy is doing better than many had anticipated, but it’s far from a strong economy. Statistics Canada’s (StatCan) Survey on Business Conditions shows strong optimism in Q3. However, that optimism isn’t driven by growth in sales or operations, but the hope that things won’t get worse.
Storeys · Real Estate
And if you've ever sat in gridlock on the way to a cottage and wondered why the whole system couldn't just be different, meet Ursula. This 14.5' x 45' floating cottage is currently moored at Port Dover marina, and is listed on Facebook Marketplace for $39,000. In the listing, the seller describes Ur
Storeys · Real Estate
It may not be shocking to hear that cities with high rents and low vacancy rates are also seeing an increase in homelessness, but correlation is not causation. But now, a recent study is pointing to causation.The research was conducted by the Canadian Alliance to End Homelessness (CAEH), who said it
Storeys · Real Estate
Real estate can squeeze a recovery story out of almost any positive decimal.CREA went with “Canadian Home Sales Climb Again in July.” Fair enough. Seasonally adjusted sales edged 0.5% higher, the fourth consecutive monthly gain. After the year this market has had, four green months were always going
Storeys · Real Estate
Canada Lands Company's land holdings and development experience began moving under Build Canada Homes (BCH) — the federal agency tasked with accelerating housing delivery on public land — as of Monday. James Cox, previously Vice-President, Real Estate (Central Region) at Canada Lands Company, now ho
Storeys · Real Estate
Calgary-based Boardwalk REIT (TSX: BEI.UN) and Montreal-based Desjardins Global Asset Management (DGAM) have formed a new joint venture focused on acquiring and owning high-quality multi-family assets across Western Canada.“The intent of both parties is to build a long-term partnership that is expec