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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While Sentiment Shifts for First-Time Homebuyers, Most Plan on Using their Pandemic Savings for the Down Payment

 BMO has issued the first in a two-part series of releases taking the pulse of first-time homebuyers and diving into their views on the Canadian housing market. While the survey shows a drop in how first-time buyers feel about market affordability amid today’s sizzling market, some regions show a different story with buyers in Western Canada feeling […]

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