Chinese influence on Canada’s real estate market may be coming to an abrupt end due to new rules that lock their funds
Tighter federal mortgage rules cited as a major contributing factor in the apparent slowdown
Some investors are hoping a UK study of foreign property investors will serve as a cautionary note for both provincial and federal lawmakers in this country.
Canada’s housing market – including condos – is off to a solid start this fall, with new data pointing to a near 11 per cent rise in sales for September compared to a year ago.
One leading economics professor is calling on CMHC to disclose details about the level of risk in its portfolio -- something the Crown corporation deems "sensitive" information.