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Couple holding up a key to their new home.

News

Canadians are turning to family—and credit—to stay afloat

As the cost of living climbs, financial help from family and increased credit use are becoming survival strategies for...

Canadians are turning to family—and credit—to stay afloat
A "for sale" sign is seen in front of a home in Laval, Que., on Friday, July 4, 2025. For the second time this year, the Canadian Real Estate Association has downgraded its forecast for home sales activity in 2025, as it reported that the number of homes that changed hands across the country in June rose 3.5 per cent compared with a year ago.

News

Canadian home sales forecast downgraded—but the market may be turning a corner

Home sales are down, prices are softening, and buyers are hesitant—but conditions may be shifting as summer gains momentum.

Canadian home sales forecast downgraded—but the market may be turning a corner
A house cut from green felt sits on a notebook on grass

News

Buying a new build? You may qualify for a CMHC Eco Plus refund

CMHC Eco Plus is a new program that encourages Canadian home buyers to opt for energy efficiency. Here’s how...

Buying a new build? You may qualify for a CMHC Eco Plus refund
AI chatbots have become another go-to for many young Canadians to set up budgets and map out financial goals. The Icons for the smartphone apps DeepSeek and ChatGPT are seen on a smartphone screen in Beijing, Tuesday, Jan. 28, 2025.

News

AI chatbots can help with personal finance—if you ask the right questions

Canadians are using AI for money matters, from budgeting to financial planning. Read these expert tips to get better...

AI chatbots can help with personal finance—if you ask the right questions
A man and woman hug in their living room

Ask a Planner

How can couples avoid capital gains tax on property in Canada?

A MoneySense reader asks what tax and probate implications she might face if she inherits a rental property held...

How can couples avoid capital gains tax on property in Canada?
A crane is seen above a wood-frame condo project under construction as condo and office towers line the downtown skyline, in Vancouver, on Friday, July 4, 2025. While optimism is building in some parts of Canada for a second-half rebound in the real estate market, condominium dwellers aiming to move up to a larger space face tough choices amid little sign of improvement for that segment.

Real Estate

Weak condo market means tough choices for potential move-up buyers

Condo owners hoping to buy a house are stuck in a stalled market as sales in Canada continue to...

Weak condo market means tough choices for potential move-up buyers
A rental sign is seen outside a building in Ottawa, Thursday, April 30, 2020.

News

Inflation holds steady at 1.7% in May

The latest Statistics Canada figures are a step in the right direction, but the odds of an interest rate...

Inflation holds steady at 1.7% in May
A Canadian family moving, thanks the BoC rate cuts, which improved mortgage affordability in Vancouver, Toronto and Hamilton

Mortgages

How much income do you need to buy a home in Canada? A look at housing affordability in May 2025

How much income do you need to buy a home in Canada? A look at housing affordability in May 2025

Vacation Homes

Is it (finally) a buyer’s market in cottage country?

If you’re thinking about buying your first recreational property, now may be the right time. Here's what to know.

Is it (finally) a buyer’s market in cottage country?