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Current News on Mortgages in Canada

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Warning for REIT Investors

REIT valuations ↓ 30%-50% while cash flows continue to rise, resulting in historically low valuations.Balance sheets of REITs are strong, and many have guided for further growth by the end […]

A Look on the Rental Market in Canada

The avg price of rent in Canada ↑ 20% compared to pandemic lows. Across Canada, the avg price for: One-bedroom apartment: $1,811 Two-bedroom apartment: $2,239 Only 10 cities in Canada […]

Canada’s Housing Affordability Soars

Housing affordability in Canada experienced its biggest improvement in ~4-yr during Q1 2023. Mortgage payments as a percentage of income ↓ 3.2 pp to 60.9%. Affordability improved in all 10 […]

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