The head of CMHC is raising a red flag over the state of Canada's real estate sector.
Is your client looking for a deal on a home? In recent weeks, finding the right digs at the right price may have been more challenging than expected. That’s because, says Royal LePage’s house price survey, the Canadian housing market continues to grow. Vancouver leads the way, with year-over-year home prices increasing by more than […]
The pace of Canadian housing construction starts picked up nationally in September despite a decline in Ontario.
You may think that the former homes of celebrities are more attractive than other real estate listings.
Home sales in Metro Vancouver plunged by 32.6% last month compared to the same month last year. But there's more to the story.
If your client is a non-resident, getting a mortgage just got harder, at least at two Canadian banks. Bank of Nova Scotia recently amended its income verification policy for non-residents, who could circumvent the policy if they had large down payments, reports the Globe and Mail. And Bank of Montreal will require non-residents to verify […]
Sales of new high-rise homes in the GTA are on pace for a record year, the Building Industry and Land Development Association (BILD) said Thursday. As of August 31, 17,949 new high-rise homes had been sold in the GTA, a record for this point in the year. While August is typically a slower sales month, […]
More Canadians are skeptical about investing in a home.
Homebuyers should expect tougher mortgage rules to fully kick in by January 1, 2017.
"It got a lot worse this year," a senior economist with RBC tells Advisor.ca.