Discover how inflation gradually erodes the value of debt principal, impacting borrowers and lenders. Learn why the purchasing power of money decreases over time and how inflation affects the repayment dynamics.
All in Homebuying
Discover how inflation gradually erodes the value of debt principal, impacting borrowers and lenders. Learn why the purchasing power of money decreases over time and how inflation affects the repayment dynamics.
A new report about ageing baby boomers and wealth transition adds uncertainty to the future of real estate.
Climate change-related forest fires, extreme weather, and flooding will decrease property values, increase maintenance costs, and impact Canadian real estate, particularly in coastal cities.
Canada's housing market is in a period of declining house prices due do painfully low affordability. According to Moody’s Analytics, Canada is only halfway through the housing correction.
Limited supply is driving up Canadian real estate prices, since demand is at historic lows due to high mortgage rates it is too soon to call this the beginning of a bull market.
Lower interest rates can make it easier for people to buy a home.
The Canadian economy is showing early signs of a recession in 2023. Headwinds from aggressive central bank interest rate hikes are gaining strength, and the housing market has already seen a sharp decline since spring.