News

  • Housing starts up? Yes, up! by Vernon Clement Jones

    Housing starts climbed in June, driven by Quebec and British Columbia, but were probably too little and too late to prevent a construction slowdown, according to the Canada Mortgage and Housing Corp.

  • Analysts: T.O. condo investors safe by Vernon Clement Jones

    Toronto condo investors won’t likely face the value free fall many fear as a result of tighter mortgage rules, says a leading developer, predicting instead a gradual decline in prices, if one at all.

  • Poll: New rules sideline 15% of homebuyers by Vernon Clement Jones

    Nearly 15 per cent of prospective homebuyers say the latest rule changes -- in effect starting today -- make it less likely they will buy a new home in the next five years, according to a Bank of Montreal poll.

  • Last hurrah for residential building permits? by Caitlin Nobes

    May building permits hit the highest levels since 2007, with $7 billion worth of permits issued -- up 7.4% from April and likely the last hurrah for residential building permits entering a cooling market.

  • Realtors: Condo market 'self-corrected' in June by Vernon Clement Jones

    First-time buyers in Canada’s largest market had already begun to cool their jets before the government announced mortgage rule changes specifically meant to accomplish the same, according to new stats.

  • REITs: the strongman of IPOs, says report by Caitlin Nobes

    A new survey says the Canadian market for initial public offerings (IPOs) stalled in the second quarter, but the continuing popularity of REITs shows consumer confidence in Canadian real estate is strong.

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