Bank of Canada raises the policy rate by 25 basis points: What It Means for Your Mortgage The Bank of Canada (BoC) just announced a 25-basis-point increase to its key policy interest rate, bringing the benchmark rate to 2.50%. The Short Story: Inflation Pressures Force the Central Bank’s Hand After holding rates steady for a […]

Buying your first home is an exciting milestone, but it often comes with a steep learning curve and a endless stream of questions. From navigating financing clauses and mortgage terms to tracking down closing costs, it’s completely normal to feel a bit overwhelmed by the details. To help you feel confident every step of the […]

When preparing to buy a home or renew your mortgage, most people focus on one number: their credit score. You check your banking app, see a solid 680 or 720, and assume you’re cleared for launch. However, Canada’s credit landscape has changed dramatically. According to recent data from Equifax Canada, 1 in 4 Canadians are […]

The Federal Open Market Committee, the Bank of Canada’s equivalent of the Governing Council, announced last week that it would raise the overnight federal funds rate by 25 basis points to 3.75%-to-4.0%. The key question is whether it’s a one-off or the start of something deeper and longer. We suspect the latter. The Fed has […]

The economic headlines over the last few years have felt relentless. Between rate shifts, inflation spikes, and global uncertainties, it’s easy for both buyers and property owners to feel overwhelmed. However, looking past the media noise reveals a different story. At the recent PacWest Real Estate Conference, BCREA Chief Economist Brendon Ogmundson presented a grounded, […]

Housing Market Activity Picked Up Again in July As New Listings Slowed and Prices Ticked Up For the First Time in Almost Two Years According to data released this morning by the Canadian Real Estate Association (CREA), the Canadian housing market continued to improve in July. Home sales increased month-over-month (m/m) by 0.5%, marking the […]

Canadian CPI Inflation Edges Up to 3.0% in July, While Core Inflation Remains Below Its 2% Target The Consumer Price Index (CPI) rose 3.0% y/y in July, following the June gain of 2.8%. The inflation uptick was caused by higher gasoline prices and a rise in the cost of travel tours. Slowing the faster price […]

Housing Market  Momentum Persists in June, and the Bank of Canada Held Rates Steady Canada’s housing market gained meaningful momentum in May and June. The number of home sales recorded over Canadian MLS® Systems edged up a further 0.5% on a month-over-month basis in June 2026. This builds on the 5.5% jump recorded in May and […]

Canadian Inflation Rose to 3.2% in May as Core Inflation Remained Subdued Higher gasoline prices pushed Canadian inflation to a more than two-year high, while underlying inflation pressures showed little sign of accelerating, with core measures broadly unchanged and price gains less broad-based. Canada’s annual inflation rate rose to 3.2% in May, Statistics Canada reported […]

Housing Market Regains Momentum, Providing a Strong Handoff into Summer Canada’s housing market gained meaningful momentum in May, with sales posting their strongest monthly increase of the year and leading indicators pointing to further improvement in June. After months of uncertainty, the market appears to be transitioning from stabilization to recovery as lower borrowing costs, […]