Mortgages

A “Normal” Spring For Toronto’s Housing Market? Maybe Next Year
Real Estate News

A “Normal” Spring For Toronto’s Housing Market? Maybe Next Year

Despite the overall slowdown, there are bright spots to speak of, with some properties under the $1 million-mark “getting a lot of traffic.”

Economy

Where Every Big Bank Stands On Wednesday's Interest Rate Announcement

As was the case in January, tariffs and trade dynamics are front and centre in the interest rate conversation.

Mortgages

'Severe Distress': Ontario Mortgage Delinquencies 50% Higher Than Pre-Pandemic

11,000 Ontario mortgages missed a payment in Q4-2024, according to Equifax Canada, which is nearly three times the number seen in 2022.

Mortgages

"Increasingly Attractive": More Canadians Leaning Towards Variable-Rate Mortgages Ahead Of Renewal

With borrowing costs on the decline, variable-rate mortgages have been gaining popularity amongst homeowners, Royal LePage reports in its most recent mortgage survey.

Mortgages

Experts Caution Against Blanket Appraisals, Calling It A “Questionable Practice”

Blanket appraisals have been around for 30 years, but in today’s market, they could come with more risk than they’re worth.

Real Estate News

2025 Housing Outlook "Uncertain" Amid Geopolitical Shifts, Says CHMC

CMHC shared their 2025 Housing Market Outlook Wednesday, and from the looks of things, the year ahead should be pretty tame — save for geopolitical conflict, trade wars, and immigration shifts, that is.

Real Estate News

7 Canadian Real Estate Questions We're Asking In 2025

From geopolitical conflict to economic uncertainty, there's plenty to keep a fretful eye on, especially as it relates to Canadian housing.

Mortgages

“The Norm For Some Time”: BMO Calls For Mortgage Rates Below 4% In 2025 Outlook

“There is room for variable rates — currently around 4.7% — to test the 4% level, which would be an important psychological and valuation barrier, but the Bank will have to continue easing.”

Real Estate News

These Were Some Of Our Most-Read Stories Of 2024

While there’s importance to be found in every story we publish, there were some that stood out from the rest, striking a chord (and in some cases, a nerve) with our readers.

Finance

STOREYS' Story Of The Year: Interest Rates

​No other topic has so consistently kept STOREYS' readers (and authors) as engaged over the last 12 months as interest rate news, updates, and insights.

Mortgages

A Refresher On The Two Mortgage Reforms Kicking In This Weekend

The reforms, which include expanded eligibility for 30-year mortgage amortizations as well as a price cap increase for insured mortgages, are intended to make homeownership more attainable and affordable for Canadians.