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My Mortgage Blog — Latest Posts
Home sales rise in May as buyers return to a stabilizing market
Canada’s housing market showed signs of renewed momentum in May, with national home sales rising 5.5% from April, according to the Canadian Real Estate Association (CREA). The gain marked the first...
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Is Canada in a recession? Economists say the answer is more complicated
Canada’s economy showed little growth at the start of 2026, raising fresh questions about whether the country has slipped into a technical recession. Statistics Canada reported that...
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Home sales slump to start 2026 as correction deepens
Canada's housing market began the year on a soft note, with home sales falling 5.8% from December, according to the Canadian Real Estate Association (CREA). Compared to January 2025, sales were down...
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Rates on hold as the Bank of Canada waits for clearer economic signals
The Bank of Canada held its key policy rate at 2.25% today, a decision that came as no surprise to markets and economists. More importantly, the Bank signalled that it isn’t in a rush to move...
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