Canada

Toronto-Dominion Bank is seeking to win back customers with home-equity loans — even as concerns grow over elevated consumer debt amid a slowing Canadian economy.

Canada's home sales skidded to the lowest level since 2012 last year after dropping for four straight months through December, as higher interest rates and tighter lending rules cast a pall over the real estate market.

Canadian housing starts rose faster than economists forecast in November led by gains in Vancouver, adding to evidence the country's real estate market remains stable.

Toronto's housing market continues to settle into a new normal as sales and prices changed little in September.

Canada's housing market showed continued signs of stabilizing in August, with sales rising for a fourth straight month and prices easing.

Toronto's housing market kept its footing August as sales gained while prices were little changed, continuing to stabilize after a turbulent year.

A deceleration in mortgage balances ends CIBC's three-year streak of outpacing Canada's other large lenders on mortgage growth. Royal Bank of Canada said this week that mortgage balances were 5.9% higher than a year earlier.

Increases in Toronto pushed Canadian housing sales higher for a third month, further evidence the country's real estate market is regaining strength after it stumbled at the start of this year.

Vancouver real estate agents haven't had this lousy a July in almost two decades.

Toronto's housing market showed signs of continued stabilization as sales surged amid a decline in benchmark prices.