Canada - Homes
Saturday - 27th June, 2020
Long, bumpy road to recovery predicted for housing markets
in the Calgary CMA will be slowed significantly,” says Taylor Pardy, senior analyst, CMHC economic...
Saturday - 20th June, 2020
Housing markets see April to May sales jump
n New listings: 1,874 new listings came on the market in April. May saw an increase of 3,096. In nor...
Saturday - 13th June, 2020
New CMHC measures target most first-time home buyers
plan is of course out of touch with Canadians’, and particularly the next generations’, aspirati...
Saturday - 6th June, 2020
Bank of Canada holds rate; mortgage rates should go down
As expected, The Bank of Canada (BoC) held its overnight target rate on June 3. “The Bank...
Saturday - 30th May, 2020
Increasing the minimum downpayment would negatively impact the economy
“The challenge I have with his statements go well beyond housing,” says Soper. “If people took...
Saturday - 23rd May, 2020
April MLS numbers the worst in recent memory
buying without being able to tour homes for sale, says Soper. “We felt 10 percent of a no...
Saturday - 16th May, 2020
MPs call for cancellation of First-Time Home Buyer Incentive
would have 20,000 participants in its first six months. To the end of December 2019 (figures from CM...
Saturday - 9th May, 2020
Calgary’s MLS sales take dramatic dive in April
Of course, there are safety and social distancing concerns, but if you have the wherewithal to buy o...
Saturday - 2nd May, 2020
Challenges facing Calgary’s housing market go beyond COVID-19
this city, as the long-term economic consequences of COVID-19 remain unclear.” Lurie has ...
Saturday - 25th April, 2020
Alberta home sales decline in March, prices show stability
“Unlike other areas, new listings and inventories in the area increased. Despite these changes, pr...
Saturday - 18th April, 2020
Many refinancing their mortgages as a cushion against the unknown
It’s possible it could take 30 to 40-plus days to close a refinance in this market, depending on t...
Saturday - 11th April, 2020
New safety protocols introduced for new home construction sites
Home buyers waiting for construction to finish on their new homes are going to wait a little longer ...
Saturday - 4th April, 2020
Enter mortgage deferral plans with eyes wide open
For the third time in less than a month, the Bank of Canada (the Bank) cut its target overnight rate...
Saturday - 28th March, 2020
Rising rates, six-month deferrals and BoC intervention
lender being different and too many variables to guess at for each of them,” he says. “What we k...
Saturday - 21st March, 2020
Banks are prepared to help deter a financial crisis
While COVID-19 is first and foremost a health crisis, Canada’s central bank and the Federal Reserv...
Saturday - 14th March, 2020
Majority of baby boomers are staying put in their homes
neighbourhoods. The group of planners gathered in Canmore that day fully embraced these ide...
Saturday - 7th March, 2020
Bank of Canada lowers target rate, more cuts possible next month
lower rates to try and stimulate demand, so there’s a number of things that go into the interest r...
Saturday - 29th February, 2020
Decreasing demand is wrong, increasing supply is right
The housing market in the Greater Toronto Area (GTA) is showing signs of returning to being overheat...
Saturday - 22nd February, 2020
Tweaking stress test rate doesn’t use all the tools available
The B-20 mortgage qualifying stress test will be tweaked as of April 6 and, not surprisingly, the bu...
Saturday - 15th February, 2020
Fort Mac is No. 1, Vancouver is 308th in world housing affordability
say the authors. As the authors point out, both Vancouver and Toronto have urban containmen...
Saturday - 8th February, 2020
First-Time Home Buyer Incentive not meeting expectations
Sept. 30, 2019), CMHC received 930 applications, approved in the neighbourhood of 700, for a total o...
Saturday - 1st February, 2020
OSFI reviewing stress test mortgage qualification rate
housing markets vary across Canada. The calls for adjustment have gone unheeded by OSFI, un...
Saturday - 25th January, 2020
BoC holds its rate ... experts agree and disagree
to higher financial vulnerabilities, which could make it even more difficult to attain the inflation...
Saturday - 18th January, 2020
CREB and CMHC train their sights on 2020
the losses from the higher end, resulting in modest growth in sales and a reduction in downward pres...
Saturday - 11th January, 2020
Saturday - 21st December, 2019
A look at what 2020 may hold in store
loads and risking further issues down the road. Measures that other authorities have in place can be...
Saturday - 14th December, 2019
Saturday - 7th December, 2019
Saturday - 30th November, 2019
ReMax shares its 2020 vision for Canadian housing markets
sale price, both for freehold and condominium properties, by 1.5 and 0.8 percent, respectively, says...
Saturday - 23rd November, 2019
Homeowners have confidence in Canada’s housing markets
The 2019 Mortgage Consumer Survey report from Canada Mortgage and Housing Corporation is out, detail...
Saturday - 16th November, 2019
The Midfield Park saga approaches its final chapters
instructs administration to revisit the relocation plan, to make sure all possible factors were cons...
Saturday - 9th November, 2019
Positive growth forecast for Calgary’s housing markets
will be supportive of housing demand in the latter half of 2019 and over the forecast horizon.”&am...
Saturday - 2nd November, 2019
Tax revenues stuck between a rock and a hard place
increase but the city has raised assessments in these areas as well and that’s why you get some of...
Saturday - 26th October, 2019
Curing bureaucratic malaise is job number one
Canadians still believe homeownership is an important milestone, with 31 percent of respondents beli...
Saturday - 19th October, 2019
Approach housing challenges with logic and leave out the bureaucracy
ment of $21,025 which, says Graham, would take about one year to save. Now you’re asking ...
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