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PayProp Canada

Red prohibition sign in front of three wood models of residential buildings

February 22, 2023

Millions more people will rent for life, say lenders

Just over a month has passed since Canada enacted its foreign buyer ban in an effort to cool persistently high house prices. Is it working as intended?

Key with little house keychain on top of Canadian flag

September 8, 2023

Canada

PayProp Canada

Millions more people will rent for life, say lenders

The September issue of PayProp Insights Canada opens with the major factors currently causing home sales to drop and rental rates to rise.

Four model houses sitting on stacks of coins

October 9, 2023

Canada

PayProp Canada

Millions more people will rent for life, say lenders

We enter October 2023 with a red-hot rental market, driven by rising mortgage rates, sluggish home sales, a lag in construction and surging population growth.

Man putting up 'for sale' sign in front of his house

July 7, 2023

Canada

PayProp Canada

Millions more people will rent for life, say lenders

April’s housing market upturn continued in May, when home sales and prices increased month-on-month. But an interest rate hike in June could derail momentum.

Stacks of coins on chart with growing value on black background

June 9, 2023

Canada

PayProp Canada

Millions more people will rent for life, say lenders

The housing market is showing signs of recovery. Demand continues to outpace supply, which means greater potential rewards for landlords and sellers.

White miniature house models with graph in the background indicating prices are rising

November 8, 2023

Canada

PayProp Canada

Millions more people will rent for life, say lenders

The housing market shows a marginal increase in home prices, declining sales, and signs of cooling amid high interest rates and fluctuating construction starts.