Posthaste: Believe it or not but home prices rose in these 11 major Canadian cities [Yahoo! Finance Canada]
Brookfield Asset Management Inc Class A Limited Voting Shares (BAM)
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Source: Yahoo! Finance Canada
of financial stressors, given they rose in many Canadian cities last month according to a report Thursday from Ratehub.ca. “Demand for Canadian real estate remains frosty compared to recent years, but the most recent price data shows some regional markets are starting to firm up as the early spring market approaches,” the online mortgage company said in a press release. Ratehub said month-over-month home prices rose in 11 of 13 major cities in February, so homebuyers would have needed more income to qualify for a mortgage in most of those cities. Montreal homes had the largest price increase, jumping to an average of $594,200 from $579,900 on an unadjusted basis. The income required to qualify for a mortgage in the city under the mortgage stress test was $127,600 in February compared with $124,800 at the start of the year, resulting in a monthly mortgage payment increase of $76. “Indexed home prices for Canada were up overall,” Mike Rizvanovic, a financial services analyst at
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News
- Brookfield Asset Management (NYSE:BAM) (TSE:BAM.A) was upgraded by Piper Sandler to "hold".MarketBeat
- News of the day: Bank of Canada, cottage country, CRA disagreements, BMO's U.S. business, duty free troubles and more [Yahoo! Finance Canada]Yahoo! Finance Canada
- Big institutional buyers drive $9 billion take-private in clean energy [Wealth Professional (Canada)]Wealth Professional
- Vacation home prices expected to rise again this year: Royal LePage report [BNN Bloomberg (Canada)]BNN Bloomberg
- Canadians' appetite for recreational real estate remains strong, despite economic uncertainty and return-to-office mandates [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
BAM
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- 2/4/26 - Beat
BAM
Sec Filings
- 3/3/26 - Form 8-K
- 3/3/26 - Form 8-K
- 3/2/26 - Form 10-K
- BAM's page on the SEC website