Greater Toronto Area

CIBC earnings rise as mortgage delinquencies climb in GTA, GVA

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CIBC Sees Earnings Growth Despite Rising Mortgage Delinquencies in Toronto and Vancouver A Strong Quarter Clouded by Housing Market Stress Canadian Imperial Bank of Commerce (CIBC) reported a robust increase in third-quarter earnings for 2025, driven by strong performance in its capital markets and personal banking segments. However, rising mortgage delinquencies in the Greater Toronto … Read more

National home sales rise as long-awaited boost ‘seems to have finally arrived’: CREA

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National Home Sales Rise: CREA Signals Long-Awaited Market Boost in Canada (July 2025) The Canadian Real Estate Association (CREA) reported a significant uptick in national home sales for July 2025, marking a 6.6% increase compared to July 2024, signaling a recovery in Canada’s housing market after months of slowdown. This follows a 3.8% month-over-month rise … Read more