News

  • CMHC: Whoa! slowing market ahead by Vernon Clement Jones

    New and existing home markets will moderate through the end of 2012 and into 2013, according to the CMHC's latest quarterly report, suggesting the decline will be kinder and gentler than feared.

  • Investors wary about RRSP swaps by Jemima Codrington

    The tighter lending rules have many investors looking for financing alternatives, but at least one may be more of a problem than a solution.

  • New investment hot spots emerge by Jemima Codrington

    Two B.C. cities are tops on a list of Canada’s investment hot spots, according to a recent report from Business Review Canada.

  • Toronto condo sales fall 10% by Vernon Clement Jones

    A 10 per cent slip in Toronto condo sales forced an overall decline of 1.5 per cent in Canada’s most buoyant market last month, according to the city's real estate board.

  • More investors turning to vendor-takebacks by Jemima Codrington

    Recent changes to mortgage rules have tightened lending restrictions across the country, but have also renewed interest in the often-controversial vendor take-back.

  • Flaherty: New mortgage rules doing their job by Jemima Codrington

    Finance Minister Jim Flaherty announced Wednesday that there will be no more tightening of mortgage rules, following a series of revisions beginning in January.

  • Poll: BoC rate hike ain't in the cards by Jemima Codrington

    An increasing number of economists are convinced the Bank of Canada will be forced to raise its key lending rate this year – despite tighter mortgage rule. But a new poll suggests over 80% of Canadian property investors beg to differ.

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