Canada

The company first entered the Canadian market in 2020 through an investment in an Ontario-based brokerage, which later rebranded to Rocket Mortgage Canada.

The government will also begin allowing mortgage default insurance on homes worth up to C$1.5 million ($1.1 million), an increase from the current cap of C$1 million.

Economists are also forecasting faster and deeper cuts to borrowing costs over the next year, and see the central bank reducing the policy rate from the current 4.5% to 3% by next July.

Canadian new home prices recorded their sharpest one-month gain in three years with higher demand and rising costs for building materials.

Construction on new homes surged to the highest level in more than a decade as Canada's housing market continues to defy expectations of a slowdown.

Canadian home sales surged to a record in July as homebuyers emerged from lockdowns.

Canada's residential real estate market is bouncing back from coronavirus shutdowns.

The second-quarter jump in provisions may be three to four times higher than a year earlier and will be mostly for loans that have yet to go bad, analysts said.

Toronto home sales and listings plunged in the first part of April as the COVID-19 pandemic curbed demand in Canada's largest city.

Real estate listings are drying up, open houses have been canceled, and buyers are staying home. One more pillar of the Canadian economy is under threat from the coronavirus pandemic.

Canada's mortgage rates are creeping up — even though the country's central bank has slashed borrowing costs to combat the COVID-19 pandemic.

Canadians' interest in searching for houses online is waning amid the COVID-19 pandemic, according to real estate portal Point2 Homes.

Canadian policymakers are escalating their efforts to backstop the nation’s financial system and ensure banks have plenty of room to continue lending through the coronavirus crisis.

Canadian housing starts remained at elevated levels in February, amid strength in the detached-home market.

Toronto home prices surged in February, and sales jumped from a 10-year low, as buyers stampeded back into the market.

Canada's housing market is poised for a hot spring — with lower mortgage rates likely to offset any major drag from the coronavirus.

DBRS Morningstar and Moody’s Investors Service have assigned preliminary ratings to the Classic RMBS Trust, Series 2020-1 transaction sponsored by Home Trust Co.

Finance Minister Bill Morneau is relaxing mortgage qualification rules to make it easier for homebuyers to secure financing, a move that could give Canada's real estate market another boost.

Canadian builders began 2020 with a strong rebound in housing starts that is good news for the nation’s increasingly tight real estate markets.

A shrinking supply of available homes for sale in Canada's largest city continued to drive prices higher last month, bringing annual increases to the strongest in more than two years.