• Canadian housing starts defy gravity by Kit Kadlec

    Canadian builders are showing little fear of a slowdown, as housing starts last month hit their highest level nationally since September 2007, according to the federal housing agency.

  • Vancouver investors getting more condo builds by Vernon Clement Jones

    A condo growth spurt in Vancouver compensated for a slowdown in single-family construction, creating opportunities for investors frustrated by the dearth of affordable inventory.

  • You think you have a high prepayment penalty... by Vernon Clement Jones

    Just under $140,000 is one heck of a prepayment penalty, charge members of an Ontario co-operative, pointing to CMHC’s demand it pay that sum in order to break a mortgage and seek refinancing throught a credit union.

  • U.S. foreclosure auctions draw Canadian investors by Vernon Clement Jones

    Canuck investors trolling for foreclosure buys in the U.S. are increasingly moving their search from the Multiple Listings Service to the auction block, an effort to get a jump on a dwindling number of properties in many U.S. markets.

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