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2020 Housing Market Strength During COVID-19 to Continue into 2021 and Beyond

Mortgage Professionals Canada (MPC) released its annual report on the State of the Residential Mortgage Market. Canada experienced a turbulent year in 2020 as a result of COVID-19, but shifts in home-use habits and low interest rates contributed to the resulting strong market activity all across the country. The report was written by MPC’s Chief Economist Will Dunning, incorporating […]

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Canadian housing market sees imbalances increase in large cities and smaller centres

Sustained housing price increases still outpacing the recovery in fundamental factors, such as labour income, means Canada’s national housing market remains moderately vulnerable, with more pronounced vulnerabilities in large cities and smaller centres. This analysis is according to the Canada Mortgage and Housing Corporation (CMHC)Housing Market Assessment (HMA) released today.The current HMA is based on preliminary data up to […]

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