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Canadian Home Sales See Unexpected Surge to Close Out 2023

Home sales activity recorded over Canadian MLS® Systems rose 8.7% between November and December 2023, putting it on par with some of last year’s relatively stronger months recorded over the spring and summer. The actual (not seasonally adjusted) number of transactions came in 3.7% above December 2022, the largest year-over-year gain since August. On an …

January newsletter

January 2024 Newsletter

Missed Payments and Financial Strain Are Increasing for Many Canadians, Credit Card Debt Continues To Rise Total consumer debt in Canada stood at $2.4 trillion in Q3 2023, an increase of $80.9 billion from the same period last year, according to Equifax® Canada’s latest Market Pulse Consumer Credit Trends and Insights report. Despite the impact …