What to look for in the week ahead
Pace of starts slowed in August when compared with July
August marked the third month of year-over-year sales growth for the GTA
A slowdown in U.S. home sales, due to a dip in affordability, is having an impact
Average mortgage rates began to climb after U.S. tax cuts signed into law last year
Canadian housing was less affordable in Q2 for the twelfth straight quarter as mortgage interest rates continued to rise, National Bank said on Tuesday. The decline in affordability affected seven out of 10 urban markets, the bank’s Housing Affordability Monitor said, as mortgage interest rates rose for the fourth consecutive quarter. Victoria and Quebec City had the worst deteriorations […]
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Luxury homes sales in the Greater Toronto Area (GTA), Oakville and Hamilton-Burlington have fallen short of last year's record-breaking pace.
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