Expect deceleration in price growth, not a major crash
The central bank’s stance on the possible effects of new federal mortgage rules has raised questions on its possible next steps
Provinces mainly affected by sinking oil values are likely to drive a moderated housing market in 2016, according to a new outlook report released today by the Canada Mortgage and Housing Corporation (CMHC).
Inventory is low and competition is high, but since there’s so much snow outside, some playful investors might want to head outside and build their own investment property.
Canadian investors and homebuyers are increasingly taking on more debt in an attempt to afford larger and more expensive homes, but in which province are homeowners particularly indebted?
Lower rates won’t increase chance of a crash says CMHC boss... Luxury realtor gives vote of confidence to Calgary... Condo buyers in Manitoba favoured by legislation...
It was a record-smashing year for sales of investment properties in this Canadian city in 2014, but experts don’t expect this trend to extend into 2015.
First-time investors and home buyers in Toronto could benefit if a recommendation to the city’s Budget Committee is implemented.
The impact of the oil price slump, and subsequent drop in home sales, have hit another Canadian city hard, according to new MLS figures.
Canada’s household debt outpaces most developed countries… Economist predicts 15 per cent drop in Calgary house prices… Realtor says Calgary’s high-end homeowners are selling… Is wood the future for large buildings?
The voices predicting a further rate cut from the Bank of Canada have become a chorus, with another bank stating it believes the central bank still has additional basis points to slash.
The International Monetary Fund (IMF) has hopped on the 'overvalued' bandwagon, declaring Canada’s housing market between seven and 20 per cent overvalued, though it still predicts a “soft landing”.