Sales of previously owned homes in the U.S. rose in October to the fastest pace in eight months, as buyers took advantage of lower mortgage rates and gained the upper hand over sellers in some markets ...
Canada’s banking regulator is proposing to ease capital rules for certain corporate and real estate loans, aiming to fuel more business investment in the country. (Bloomberg) — Canada’s banking ...
Bloom Financial has launched SafeRate, a reverse mortgage that lets older homeowners lock in a lifetime fixed rate, a first in Canada. For many older homeowners, a reverse mortgage is their final ...
Canada’s housing agency says the number of homeowners behind on mortgage payments has fallen for the first time in three years, though delinquencies are still trending up in Ontario and British ...
The Bank of Canada said the country’s anemic productivity growth is a “systemic” problem, doubling down on its message to governments and businesses to urgently address the issue. (Bloomberg) — The ...
A new global study finds Canadians wait longer than most young buyers worldwide to enter the housing market. A new global analysis suggests Canada’s major metros are among the hardest places on earth ...
Prime Minister Mark Carney won a key budget vote by the slimmest of margins in Canada’s Parliament, ensuring the survival of ...
Inflation in Canada cooled less than expected last month, supporting the Bank of Canada’s decision to move to the sidelines ...
Bond traders are bracing for a deluge of data that will solidify expectations for how quickly the Federal Reserve will ...
Canada Mortgage and Housing Corp. says the annual pace of housing starts in October fell 17% compared with September. The national housing agency says the seasonally adjusted annual rate of housing ...
U.S. homebuilders’ confidence barely rose this month as they struggled to lure cautious buyers off the sidelines with costly sales incentives. (Bloomberg) — U.S. homebuilders’ confidence barely rose ...
The bank says five executive appointments will support its strategic priorities and advance client-focused growth. Scotiabank has announced several leadership changes effective December 2 as it works ...