ben rabidoux

Mortgage activity down 25% from 2022 and fixed rates remain top choice, stats show

November 23, 2023 No Comments

High interest rates have applied the brakes to Canada’s mortgage market, which saw growth slow to a 22-year low in September.

Rent prices are up $175 in the past six months and have pushed rent inflation to a 30-year high

November 13, 2023 No Comments

The average asking rent in Canada has increased by about $175 over the past six months, and is now nearly 10% higher compared to a year ago.

Fixed mortgage rates surge higher as bond yields break above 4%

August 18, 2023 No Comments

Bond yields broke through a key resistance point this week, leading to a fresh round of fixed mortgage rate increases.

How fixed-payment variable rate mortgages have saved the economy

How fixed-payment variable-rate mortgages have saved Canada’s economy, and why their future could be at risk

August 2, 2023 No Comments

Canada’s economy has so far managed to avert recession and shrug off the fastest rate-tightening cycle in the nation’s history. And one of the key

Core inflation rose in Canada in November

BoC rate hikes among the leading contributors of inflation now due to mortgage costs

April 21, 2023 3 Comments

The country’s inflation rate may be coming down, but there are still some parts of the economy exerting upward pressure, including, ironically, high inflation rates.

March home sales in Canada's metro areas

Housing markets remained tight in March ahead of the busy spring homebuying season

April 11, 2023 No Comments

Home prices in the country’s large metro areas seem to be finding some support following a rise in sales in March and still tight inventory ahead of the traditionally busier spring homebuying season.

Top Risks and Trends in Canada’s Mortgage Market

September 13, 2021 No Comments

From rising inflation and falling consumer confidence to changing real estate preferences, Canada’s mortgage market could be impacted on multiple fronts. Ben Rabidoux, a real