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Glen Estabrooks || January 13, 2022

What to Expect from Canada's Housing Market in 2022

I'd like to wish you a very happy, healthy and prosperous 2022! Not many forecasters anticipated the extent of the housing market's performance in 2021. The year ended with both home sales and...

Glen Estabrooks || January 11, 2022

Home Surtax Explored as Prices Continue to Rise

As new home prices marked the 20th consecutive month of growth, a new report backed by Canada’s housing agency called for a new annual tax to help address affordability. The...

Glen Estabrooks || October 27, 2021

A Snapshot of the Canadian Mortgage Market

Mortgage debt is rising at its fastest pace in over 10 years, yet arrears have fallen to record lows. Meanwhile, more mortgage shoppers are opting for variable rates and a growing...

Glen Estabrooks || September 29, 2021

Mortgage Volumes Post Record Growth

Mortgage volumes posted their highest-ever rate of growth in the second quarter, driven in large part by historically low mortgage rates and a strong housing market. Compared to the second...