Blog by alexandre sebe
Meddling with mortgage rules could create 'unpredictable' housing market: report
Published Wednesday, March 12, 2014 11:18AM EDT
Last Updated Wednesday, March 12, 2014 5:10PM EDT
OTTAWA -- Canada's hot real estate market continued to gather steam last month, but a new report from a respected mortgage and h ...
Vancouver’s $55-million condo the biggest residential real estate deal in Canadian history
it’s an amazing price to pay for a condo in Vancouver, but it’s not your ordinary property.
It’s the most expensive condominium in Canada, sitting on the top floor in the Fairmont Pacific Rim hotel.
One buyer looking for luxury recently toured the top three floors and bought property on each o ...
Canadian housing market remains strong
“People are talking about whether the market’s had a hard landing or a soft landing, but so far there’s no landing whatsoever,” said Canadian Imperial Bank of Commerce economist Benjamin Tal. “My sense is that activity is too strong for the liking of regulators, an ...
Canada's soaring real estate market: Feel good now, pay later
It’s a bad thing for Canada if housing prices keep rising.
Soaring house values are the most significant financial event of the past decade for the typical household. Now, it’s time to question how much good has come of it.
The housing boom has certainly been a major contributor to our economy, which came through the pas ...
By Louise Egan
OTTAWA (Reuters) - Canadian housing prices climbed to a record high in August, according to a price index released on Thursday that suggested the property market, long the country's biggest engine of economic growth, remains strong but not frothy.
Home prices rose in August from what was already a record high in Jul ...
A construction worker walks across a construction site on Queen St. East in Toronto on Saturday, February 4, 2012. The condo explosion is changing the shape and culture of Canada's cities. (THE CANADIAN PRESS/Pawel Dwulit)
Canadian real estate industry says 2013 sales off to better start than expected
The Canadian Real Estate Association said Monday it still expects fewer sales this year than in 2012 but says the decline will be smaller than what was predicted in March. It also projected that next year will show more sales than in 2013 or 2012.
Photograph by: John Mahoney , The ...
Signs of spring – and a soft landing – in Canadian real estate
The housing market is doing precisely what policy makers in Ottawa set out to achieve, cooling down without flaming out.
The number of homes that changed hands over the Multiple Listing Service in April was just 3 per cent lower than a year ago on an annual basis, compared with a 15-per-cent drop in March. April’s relati ...
By Julian Beltrame, The Canadian Press
OTTAWA - There are fresh signs of cooling in the Canadian housing market, but analysts say fears of a major crash have yet to materialize.
Canada Mortgage and Housing Corp. reported Tuesday that the pace of housing starts crept up slightly last month from February, ...