Early indications point to progress on immigration, but goals remain distant
Elevated mortgage rates, rising home prices and few properties on the market were to blame
Better integrating immigrants could solve productivity puzzle
Lower rates, pent-up demand to drive homes prices up 4.7% in 2025
Rental market softened in 2024 amid multi-decade highs for apartment completions, slow population inflows
New loan-level data shows majority of mortgages to renew in next two years, most at higher rates
The average selling price declined 1.6% on an annual basis
Faster mortgage growth, HELOCs push debt over the $3 trillion mark
Canada’s supply of purpose-built rentals grew 4.1% on an annual basis
Forthcoming fall economic statement will boost loan limit to $80,000