
Montreal home sales drop 13% as inventory builds
Active listings rose 18% in August, giving buyers more choice even as home prices continued to edge higher.
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Active listings rose 18% in August, giving buyers more choice even as home prices continued to edge higher.

Impaired loans have climbed to $37.5 billion as consumer and commercial credit pressures grow, although mortgage delinquencies remain relatively low.

A surprise jump in U.S. hiring last month has bolstered the case for the Federal Reserve to raise interest rates when they meet later this month, but a hike is still not guaranteed.

Employment in Canada fell by 41,700 in August, reversing some of the labour market momentum observed in recent months as manufacturing posted the only significant increase.

TMG’s recently launched enterprise platform gives established brokerages access to shared infrastructure and expertise while allowing them to remain independent.

The Bank of Canada held interest rates steady for a seventh consecutive meeting as an escalation in the trade war with the U.S. threatens growth and creates the risk of new inflation pressures.

A new report from RBC Economics says Canada's housing market appears to be "finally taking steps" toward a recovery.

The Bank of Canada is likely to hold borrowing costs steady, as an escalation in the trade war with the U.S. threatens the economic recovery while adding to inflation risks.

Canada’s trade surplus narrowed sharply in July as declines in gold and energy dropped exports to the U.S. to their lowest proportion since 1997, outside the COVID-19 pandemic.

Home sales in the Greater Toronto Area were down in August compared with a year ago as prices also continued to fall.

Home sales in the Vancouver region dropped 4.6% last month compared with a year ago, continuing a lag since May that is expected to persist through the end of 2026.

Finance Minister Francois-Philippe Champagne said positive investor sentiment is helping keep Canada’s borrowing costs in check despite a global bond rout, arguing the country’s finances are strong enough to handle the volatility.
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