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The Trump administration took a tentative step back into the real estate market on Friday, beginning the process to list eight properties for possible sale after scuttling a far more ambitious plan to shrink the federal portfolio earlier this month.
Gold headed for a third weekly gain as concerns about the potential impacts of US President Donald Trump’s tariffs fuel demand for haven assets.
Prime Minister Mark Carney has announced that his government will eliminate the Goods and Services Tax (GST) for first-time homebuyers to address Canada’s housing crisis.
Housing affordability in Canada improved last year, according to one economist, who expects the trend to continue into this year.
Canada added new residents at the slowest pace in three years due to falling immigration, winding down a post-pandemic population boom that strained the economy and soured public sentiment toward newcomers.
The average US 30-year mortgage rate rose for the first time since early January, causing a pullback in refinancing and tempering purchase activity.
The possible liquidation of Hudson’s Bay is also bringing into question the future of its huge retail footprint, and highlighting the hit other companies could take as part of its downfall.
Home sales in February fell to their lowest level in more than a year as homebuyers stayed on the sidelines amid the uncertainty created by the trade war with the United States, the Canadian Real Estate Association said on Monday.
Canada Mortgage and Housing Corp. says the annual pace of housing starts in February slowed four per cent compared with January.
Jerome Powell faces a tricky task this week of both assuring investors the economy remains on solid footing while also conveying policymakers stand ready to step in if necessary.
After the Bank of Canada cut the interest rate for the seventh time in a row Wednesday, experts say that’s good news for people looking to buy or sell a home in Canada.
One mortgage broker says the latest rate cut by the Bank of Canada will benefit homeowners with variable mortgages, but the economic impact of U.S. tariffs could fuel mortgage competition among lenders, weighing on home prices in Ontario.
The British Columbia Real Estate Association says tariff uncertainty has slowed housing activity.
As Donald Trump’s tariffs send markets into a tailspin, pressure is mounting on the U.S. president to speed up his main proposal for juicing the economy: a sweeping tax bill.
Average asking rents across Canada fell year-over-year for the fifth straight month in February to $2,088.
Blackstone Mortgage Trust is preparing to sell its first collateralized loan obligation since 2021, a US$1 billion deal pivoting away from office properties.
