While housing affordability is an increasingly fantastical concept for many Canadians, a new Zoocasa report has highlighted the markets where the average home price remains below the national benchmark of $621,515. Analyzing the latest data from the Canadian Real Estate Association, Zoocasa noted that the national average home price grew by 23% annually in January. Of the [&hellip…
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The last quarter of 2020 saw “favourable” deal flow and intensified competition in the commercial mortgage market, leading to sustained downward pressure on credit spreads, according to CMLS Mortgage Analytics Group. In the latest edition of its Commercial Mortgage Commentary, CMLS said that despite the overall downward trajectory observed during the fourth quarter, “mortgage spreads have lagged [&hellip…
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Housing markets across Canada have grown exponentially more expensive over the last 10 years, placing homeowners under an increasing amount of financial pressure. A new study from Point2Homes has revealed where the nation’s homeowners are facing the greatest levels of housing unaffordability. According to Point2Homes, the share of income needed to afford a home has [&hellip…
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