October 2024

Many Canadians work hard to achieve the dream of owning a home. Yet, skyrocketing mortgage payments have made homeownership increasingly difficult, especially for Millennials and Gen Z. To address this challenge, the Canadian government has rolled out significant mortgage reforms aimed at making homeownership more accessible, particularly for first...

Rising sales in the upper price ranges were not enough to offset the pullback occurring in the lower price ranges, as sales in September were 2,003, 17 percent below last year's record high. Despite the decline, sales this month were still over 16 percent higher than levels traditionally achieved in September.