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Canadian home prices saw record growth last month, while a sharp decline to the number of homes listed for sale has resulted in a strained housing market across most of the country.

Variable rate morgage costs expected to double Desjardins latest research note cautions homebuyers Prospective homebuyers are racing to get their hands on cheap mortgage debt, many with variable rates. Desjardins’ most recent research note indicates they should prepare to pay a lot more in the next two years. When the Bank of Canada raises the

Bank of Canada Governor Tiff Macklem believes the pathway to interest rake hikes will rely on if the country’s businesses increase investments.

On the heels of the busiest year in history for Fraser Valley real estate, January activity saw the beginnings of a market rebalancing.

Canada’s central bank decided to maintain its key interest rate at 0.25 per cent earlier today, but warned of impending increases.

Although Canadian real estate is currently mired in a supply shortage, new CMHC data shows 2021 housing starts took quite a leap.

Last month, the consumer price index increased at a pace we have not seen in over three decades, mounting pressure on the Bank of Canada to act.

The province of British Columbia saw a record number of new homes certified for construction last year.

The province of British Columbia is providing some needed relief to millionaire homeowners, as the threshold for the province’s home owner grant was raised.

Fueled by the consumer response to the COVID‐19 pandemic along with historically low interest rates, total property sales in the Fraser Valley in 2021.