Construction of new homes increased 3.3% in November, with the gain largely coming from single-family houses being built at the strongest pace in more than a decade. Read: Snapshot: U.S. economic data The Commerce Department said Tuesday that builders broke ground on homes last month at a seasonally adjusted annual rate of 1.3 million units. […]
If your client is looking to buy a new home, she might want to get pre-approved by New Year’s Eve
Housing market keeps central bank governor up at night
The pace of housing starts picked up in November
Homeownership in Canada is at 67.8%, down from 69% in 2011.
The decline reflects a recovery in rental demand in Canada's oil-producing provinces.
Developers are making significant investments in the city — in specific locations
Find out more about China’s tie to Canada
If your clients are renters, they’re more likely to be over-stretched financially to keep a roof over their heads. That’s because almost 40% of renters captured in the 2016 census spent more than 30% of their average monthly income on housing, finds StatsCan. That figure is largely unchanged from 2011 and more than double the […]
The increase is the result of ongoing stabilization of the oil sector