The Bank of Canada is not entirely sure how much the new mortgage rules will slow the housing market, despite releasing forecasts in its Monetary Policy Report
Smaller firms not backed by mortgage insurance go for much higher rates than the BoC’s 4.64%
New Brunswick had its hottest December for home sales since 2009, with a 9.3 per cent increase year-over-year.
Vancouver is second most unaffordable market in the world… Toronto becoming ‘the New York of the North’… High-end sales hit new record in Vancouver…
A Canadian investor has pleaded guilty for his role in a Ponzi scheme, which allegedly involved the illegal diversion of nearly $70 million USD from more than 1,000 investors across North America.
Demand for Toronto condos stays strong… Non-residential building investment increased in the fourth quarter… Alberta sales tax would trigger compensation…
Renew your passport; there may be some travel in your future. These five emerging cities in Asia, Africa, the Middle East and Latin America offer opportunities for real estate investors.
Micro condos may be one of the biggest Canadian real estate trends on the horizon, but financing continues to be an issue, warns one expert.
As you can imagine, a Hong Kong-based millionaire was absolutely horrified a few years ago when he learned that his Malibu mansion was not 15,000 square feet like he thought when he paid $12.25 million in cash for it – so horrified, in fact, that he’s taking his agent and the brokerage to court. Again.
Home prices gain but at lowest rate for 20 months… The future for realtors, or a worrying development?… Landlords unlikely to lose out from Target closures…
December turned out to be an active month compared to the same month in 2013, as sales activity stood 7.9 per cent higher, according to statistics released today by the Canadian Real Estate Association (CREA).
With lenders constantly changing their regulations and guidelines, investors have to find more creative ways to secure financing for new income properties, say experts.