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
Population growth, supply and demand are the typical signposts that motivate investors – but with Canadian housing starts outpacing demographics, some fear that oversupply could drive prices down.
If you’re of the mind that gimmicks don’t sell real estate, arguably the most useless gimmick of all is now driving hundreds of millions of dollars in sales.
High home prices have sent GTA investors packing, with key neighbourhoods outside the region benefiting.
One market in the Pacific province is benefiting from an influx of Albertans, and Americans, looking for residential and recreational property.
Further drops to mortgage rates are opening the door for new investors, but they’re also highlighting the pivotal role of good credit ratings
The Bank of Canada’s announcement to cut the interest rate 25 basis points to 0.5 per cent has some investors worrying about the impact on the economy once rates eventually rise.
The one province that doesn’t allow landlords to collect damage deposits, or even first and last month’s rent, is hearing a resounding call for change following a contest to bring attention to the issue.
A landlord who had his property broken into and then habituated for two months will now have to thousands of dollars to evict the unwelcomed guest.
Landlords will want to take the screening process a little more seriously after a recent case in Windsor, Ont. left a landlord on the wrong end of a raw deal.
A provincial landlord-tenant act is hurting small landlords at a time when the market needs them most, say investors concerned that the act increasingly favours renters.