MARKET NEWS
1 min read

Affordability declined in virtually every major Canadian market last month: Ratehub

Written by
Canadian Mortgage Professional
Published on
May 20, 2026

A jump in fixed mortgage rates and firming home prices in April erased months of affordability gains for buyers in 12 of 13 cities

Read full article
Subscribe to newsletter
Subscribe to receive the latest blog posts to your inbox every week.
By subscribing you agree to with our Privacy Policy.
Related posts
View All
MARKET NEWS
1 min read
Development charge cuts won’t fix Ontario housing on their own
Brokers and OREA warn that without municipal action and transparency, the landmark deal may fall short
Read More
MARKET NEWS
1 min read
First National CEO announces retirement plans
Jason Ellis’s planned exit capped a pivotal era for Canada’s largest non-bank lender
Read More
MARKET NEWS
1 min read
Bank of Canada cuts over 200 jobs in public sector overhaul
The move follows prime minister Mark Carney’s call for a 15% budget cut across federal agencies
Read More