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Ottawa home sales rose year-over-year in January, but the market remains “relatively quiet” as would-be buyers continue to take a wait-and-see approach, the
Ottawa's decision to extend a ban on foreign homebuyers ban will not go far to address the housing affordability crisis. Find out more.
TORONTO — A surge in home sales across Canada's largest markets to kick off 2024 is unlikely to prompt the Bank of Canada to delay its probable interest rate cuts later this year.
CIBC says Ottawa is underestimating the number of new homes needed to address the affordability crisis by about 1.5 million units. Read more
With lenders lowering fixed rates on new five-year mortgages over the past two months, the rising affordability challenges homebuyers have faces are starting to change