Mortgages
Mortgages
Majority Of Canadian Homebuyers Paying Maximum Price They Can Afford
CMHC's 2025 Mortgage Consumer Survey dropped this week, revealing that almost 60% of homebuyers are paying the maximum price they can afford for a home.
May 23, 2025
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.
Expert: Market Momentum Is Slowing – But Trusted Real Estate Professionals Are Rising
During periods of greater uncertainty, the role of a real estate agent evolves from a deal-maker to a true fiduciary.
Taxes
7 Housing-Related Tax Incentives You Should Know About As Tax Season Starts
Today is the first day to file your 2024 tax return online ahead of the April 30th deadline.
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.
Economy
Where Every Big Bank Stands On Wednesday's Interest Rate Announcement
The economic climate over the past month has been turbulent enough to spur a fresh wave of speculation.
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.
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