After being rattled by the Great Recession, resort town property values are through the roof, and the resulting influx of out-of-towners has put pressure on locals, who are having difficulty affording homes
"It often seems like the left hand and the right hand are not speaking"
Toronto condo investors won’t likely face the value free fall many fear as a result of tighter mortgage rules, says a leading developer, predicting instead a gradual decline in prices, if one at all.
Nearly 15 per cent of prospective homebuyers say the latest rule changes -- in effect starting today -- make it less likely they will buy a new home in the next five years, according to a Bank of Montreal poll.
May building permits hit the highest levels since 2007, with $7 billion worth of permits issued -- up 7.4% from April and likely the last hurrah for residential building permits entering a cooling market.
First-time buyers in Canada’s largest market had already begun to cool their jets before the government announced mortgage rule changes specifically meant to accomplish the same, according to new stats.
Yep. For Canadians owning investment property in the U.S., now might be a good time to raise the rents.
A new report suggesting Canadians have an average of 15 years left on their mortgage may support critics of the government move to tighten mortgage rules.
Whoa! Investors expecting the Bank of Canada to up its overnight rate this year, think again, say economists with the Bank of Montreal
A new survey says the Canadian market for initial public offerings (IPOs) stalled in the second quarter, but the continuing popularity of REITs shows consumer confidence in Canadian real estate is strong.
A survey shows Calgary topping commercial real estate returns worldwide, ahead of London, Sydney and New York.
Competition Commissioner Melanie Aitken announced today that she will resign on September 21 -- halfway through that contentious hearing between the bureau and the Toronto Real Estate Board, set for earlier that month.
Connect Asset Management Challenges the Financial Community to Invest in Downtown Toronto Real Estate for a Good Cause
The event will also feature a panel of industry experts and a presentation on the state of the Hamilton-Burlington housing market
Blue Pearl Mortgage Group Inc. is expanding its footprint once again, this time with services in Ontario