How the U.S. wildfires could affect home insurance rates in Canada and the Home of the Week: Canadian real estate news for the week of January 17

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Home of the Week, 11 Beaumont Ave. in Toronto.Birdhouse Media

Here are The Globe and Mail’s top housing and real estate stories this week and one home worth a look.

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Builder sentiment slumps as mortgage rates stall new home sales

While Canada’s resale market is showing signs of life, the new home market continues to decline

AIMCo on 2023, real estate and interest rates

Alberta fund sees promise in Poloz-led discussions on domestic investment, chief investment officer says

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How rising mortgage rates are driving home renovation

Mortgage rates are beginning to climb back to 7% percent, pushing many prospective home buyers off the market. With warmer weather approaching and homeowners staying put, home renovations may see a surge in demand.

Bryan Fairbanks, CEO of composite decking

Private real estate not feeling the pinch from high rates: Nuveen’s Carly Tripp

Homeowners may be feeling the bite from elevated interest rates, but Carly Tripp says the trend has not yet caused distress in the global private real estate markets she operates in.

“Throughout the rate cycle we’ve seen some of the

Real estate stocks extend losses as rates soar

By Sinéad Carew

(Reuters) – Shares in real estate companies fell on Friday, adding to a massive sell-off the previous day, when bond yields jumped to their highest levels in 16 years after the Federal Reserve signaled that U.S. interest

Mortgage rates continue to melt as economists dream of a real estate ‘rebound’ in spring

Homebuyers jump on chance to ‘lock in a good deal now’: Mortgage rates continue to melt as economists dream of a real estate ‘rebound’ in spring

Mortgage rates are still falling as the Fed announced another quarter-point rate hike last