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
Despite data and forecasts suggesting that the long-predicted “soft landing” for Canada’s housing markets in starting, there are many mortgage lenders and real estate agents who are not seeing that in their areas.
Optimism for the housing market is still rising according to the latest Bloomberg/Nanos Canadian Confidence Index.
Although Guelph is a smaller market, investors stand to gain big in this up-and-coming city, demonstrating that size isn’t everything when choosing a city to invest in.
New public sector office space is set to shake up the commercial market in this city.
There was an 8.3 per cent increase in condo sales in the Greater Toronto Area in the last quarter of 2014 compared to a year earlier.
Saskatoon’s multi-family unit sector is on a high with plenty of investment in the sector.
Investors want property in Vancouver and some are willing to pay a high premium for it.
Prices and sales in Canada’s two hottest markets all but rule out the possibility that they’re on the verge of the soft landing gripping much of the country.
Even the most experienced investor will struggle to enter this market, but those looking to sell might take advantage of this hot city.
Real estate markets in Canada are seeing overall stability with respect to investment returns, says a new report – except in one province.