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06.08.2022 / 18:17

Here’s how high interest rates are impacting Canada’s condo demand

Rising interest rates and other headwinds in the construction industry have pushed builders in some Canadian markets to shelve condominium projects, while others say condo demand will hold up as supply remains tight.

Canada housing market inflation Canada housing

Renters might soon feel the pain as their landlords post losses. Here’s why

real estate investors might ratchet up the pain in the rental market in the coming years.The report, released Monday from CIBC and Urbanation, shows that for a majority of real estate investors in the Greater Toronto Area (GTA), the business case for their rental properties is falling apart.

Global News Canada CIBC Mortgages Canada housing market interest rate

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