The headlines about Toronto’s real estate market are a little misleading
Recent government policies are beginning to dent the sector, however
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.
The real estate market is at a tipping point, with some areas becoming too expensive for buyers, a real estate company says.
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.
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.
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.
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.
Yep. For Canadians owning investment property in the U.S., now might be a good time to raise the rents.
A new report suggesting Canadians have an average of 15 years left on their mortgage may support critics of the government move to tighten mortgage rules.
Whoa! Investors expecting the Bank of Canada to up its overnight rate this year, think again, say economists with the Bank of Montreal
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.
Perkins Coie is pleased to announce that Devin P. McComb has joined the firm’s Seattle office as a partner in the Real Estate & Land Use practice
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