The Canadian Real Estate Association has updated 2014 forecast for home sales activity.
National home sales activity rose nearly 1% from July to August 2014.
The BoC may be looking for a rotation away from housing and the consumer, but low rates continue to support residential investment, says CIBC World Markets Inc.
Gen X Canadians want flexibility in their budgets so they can afford things like travel, after paying their monthly mortgages. In fact, only 14% will pay on the higher end of mortgage payments, find a TD survey. But Gen Xers are fairly evenly split between those who see themselves living in their current home forever […]
Rising home prices could affect clients' life and family plans.
Housing starts in Canada reached 189,784 units in July.
The majority (82.9%) of condos are occupied by principal residents.
Four key housing organizations from across Canada have formed a partnership.
Average house prices reached $413,000 in June.
Canadian home prices remain overvalued.