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
With prices now well above the $1 million mark, Canada’s hottest real estate markets could take a lesson from a new property start-up in Australia that allows investors to buy a share in a property.
New rental units in Edmonton to increase vacancy rate… Study reveals Canada’s most congested cities… Consumer confidence continues upward trend… New Brunswick budget hits higher-earners…
Canada’s real gross domestic product (GDP) fell 0.1 per cent in January due in part to sagging construction and diminishing output from the real estate industry.
It seemed like a good idea at the time, but the rapid growth in utility costs are forcing landlords to cut a key term from their leases – or take a hit to cash flow.
With an average home price of $215K – a mere fifth of the Toronto average – this suburban hub is being called the next investment hotspot.
Calgary, Toronto slip down prosperity rankings but still high-fliers… Could Amazon’s new venture benefit mortgage, real estate agents?... Report suggests federal tax cuts will be offset by provincial hikes… Canadians don’t save regularly, mortgage payments no problem…
The budget was rife with tax increases, including those relating to real estate, but experts on the ground say those fee increases aren’t likely to have an impact on the market.
The Governor of the Bank of Canada has gone into damage control mode, defending the BoC's January rate cut.
Most Canadians would choose fixed-rate mortgage today… Lenders highlight features other than rates as competition intensifies… Builder shifts from the suburbs to downtown, says ‘no bubble’…
If you believe every headline you read, the relationship between landlords and tenants is one fraught with tension – but a new survey shows a much softer side.