Affordability Sinks, But Canadians Keep Buying

Affordability Sinks, But Canadians Keep Buying

Julian Beltrame, The Canadian Press  08.27.2013
OTTAWA - Home ownership has become less affordable for the average Canadian, but that hasn't stopped many from jumping into what may already...
Look What $229,000 Will Buy You In Toronto..

Look What $229,000 Will Buy You In Toronto..

08.22.2013
If you haven’t been stuck under a rock for the past several years, you likely know just how astronomical Toronto house prices have gotten. But...
‘This Is The End Of Extremely Low Interest Rates'

‘This Is The End Of Extremely Low Interest Rates'

Daniel Tencer  08.22.2013
Three of Canada’s big six banks have raised mortgage rates once again this week, prompting some economists to declare an end to a long...
No More Interfering In The Housing Market

No More Interfering In The Housing Market

08.21.2013
Finance Minister Jim Flaherty said today he is satisfied with the measures his government has already taken to calm the housing market...
What If Condo Prices Plunged And No One Mentioned It?

What If Condo Prices Plunged And No One Mentioned It?

Daniel Tencer  08.19.2013
Condo prices in Toronto may have fallen steeply from their peak when you take into account incentives being offered to buyers, a Toronto...
House Prices Turning Ridiculous

House Prices Turning Ridiculous

08.15.2013
Average home prices across Canada were 8.4 per cent higher in July than they were a year ago, while the number of homes sold was up 9.4...
<i>All-Time High</i>

All-Time High

The Canadian Press  08.14.2013
A year after Finance Minister Jim Flaherty tightened mortgage rules to cool an overheating market, and a month after the CMHC announced...
If Canada's Housing Market Crashes, These Guys Will Survive

If Canada's Housing Market Crashes, These Guys Will Survive

08.13.2013
OTTAWA — The Fitch ratings service says it believes Canada's big banks can likely withstand a moderate to severe housing downturn —...
Investment Collapse Means 'Major Slowdown' In Housing Market: Report

Investment Collapse Means 'Major Slowdown' In Housing Market: Report

Daniel Tencer  08. 9.2013
Canada's big banks say the country's correcting housing market is in a "soft landing," and has avoided the collapse many analysts have...
Uh Oh: Building Permits PLUNGE

Uh Oh: Building Permits PLUNGE

The Canadian Press  08. 7.2013
OTTAWA - The value of building permits issued by municipalities in June totalled $6.6 billion, down 10.3 per cent from May, Statistics...
Canadian House Prices Being ‘Gamed': Study

Canadian House Prices Being ‘Gamed': Study

Daniel Tencer  07.23.2013
The “securitization� of mortgages that many economists blame for the housing collapse and subsequent financial crisis in the U.S. is...
The Housing Boom Is Back, Baby

The Housing Boom Is Back, Baby

Daniel Tencer  07.17.2013
Even the optimists were calling for a correction to house prices in Canada, and even the optimists turned out to be too pessimistic. At...
Toronto Neighbourhoods Where House Prices Are Soaring

Toronto Neighbourhoods Where House Prices Are Soaring

07.15.2013
Toronto’s housing market has cooled off noticeably over the past year, with condo sales slumping by about half from their peak, but that...
Million-Dollar Home Sales <i>Soar 60%</i> In Major Cities

Million-Dollar Home Sales Soar 60% In Major Cities

Alexandra Posadzki, The Canadian Press  07.12.2013
TORONTO - Ottawa's tightened mortgage rules seem to have had less of an impact on high-end real estate than on the overall market, according...