CBC B.C. More B.C. tenants are evicted through no fault of their own than anywhere else in Canada, report says Renters in British Columbia face the highest eviction rates in Canada, but it's through no fault of their own, according to a new report from researchers at the University of British Columbia. UBC's Housing Research Collaborative found that B.C. continues to have the highest eviction rate in the country. Between 2016 and 2021, 10.5 per cent of renter households in B.C. reported being forced to move by their landlord, nearly double the 5.9 per cent national average. Canadians Think Vancouver Island Is the Best Place to Buy Real Estate in 2023 (Storeys) Vancouver Sun – Experts foresee more heat waves outside summer as May hot spell shatters records CBC B.C. – If you live in B.C., more extreme hot weather is in your future, say experts Housing starts up marginally in Greater Victoria for first quarter (Times Colonist) Financial Post Bank of Canada needs to 'crush' inflation with another rate hike, Scotiabank economist says An unexpected resurgence in inflation has markets eyeing interest rate hikes again, with at least one economist arguing there is a case to be made for the Bank of Canada to act as soon as its next meeting on June 7 Real Estate Magazine – Housing market surprises analysts with strong April performance While most real estate markets see monthly gains, here's where home prices are falling (CTV News) Bank of Canada sees financial stress rising among homebuyers (BNN Bloomberg) Bank of Canada says mortgage payments could spike as much as 40 per cent (Globe and Mail) For thousands of variable-rate mortgage holders, another rate hike would be no joke (Globe and Mail) Bank of Canada needs to 'crush' inflation with another rate hike, Scotiabank economist says (Financial Post) Canadian Mortgage Professional – Canada’s housing market – why it is 'surprisingly resilient' Why is there a lack of new home listings in Canada? (Canadian Mortgage Trends) Canadian Home Prices Stabilize in April as Buyers Come Off the Sidelines (Storeys) ‘Vicious feedback loop’: The Bank of Canada hiked rates to push inflation down — but it’s also driving inflation up (Toronto Star) What if interest rate hikes are doing more harm than good? (Financial Post: Listen) Toronto Star – Real estate prices on the rise again: RBC report forecasts the housing market correction is over Storeys – Canada’s rapidly rebounding real estate market is bad news for BoC Canadian Mortgage Professional – Canada inflation rises – what's next for interest rates? Canadian Mortgage Professional – Desjardins: Serious danger ahead for variable-rate borrowers Average rent in Canada is up 20% over the last two years: Rentals.ca (Canadian Mortgage Trends) Bank of Canada and inflation: What the latest data could mean for interest rates (BNN Bloomberg) Canadians' love affair with variable-rate mortgages is over — now there's a new thing (Financial Post) Canada's inflation rate rises to 4.4%, higher than expected (Financial Post) Financial Post – Average Canada home price is up more than $100,000 since January Globe and Mail – Canadian housing market rebounds in April with supply at 20-year low Canadian Mortgage Professional – BMO’s Porter: Housing market has finally “found a floor” Home sales bounce back in April as national average home price rises back above $700,000 (Canadian Mortgage Trends) Inflation climbs to 4.4 % in April, beating expectations (BNN Bloomberg) | 
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