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Suburbs lead Canada’s housing boom as downtown falls behind.

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Suburbs lead Canada’s housing boom as downtown falls behind. Canada’s suburbs had an increase in home values that outpaced downtown areas during the pandemic, according to a new study. Many downtown businesses closing and people’s desire for greater living space are driving the rising demand for suburban properties, according to research released on Monday by […]

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Low-interest rates are causing housing affordability problems for 80% of Canadians, according to a survey

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Low-interest rates are causing housing affordability problems for 80% of Canadians, according to a survey During the outbreak of the pandemic, the Bank of Canada dropped its Overnight Lending Rate — which consumer banks use to determine their mortgage and line of credit rates — to a record low of 0.25 per cent to position

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