One private insurer has quickly followed CMHC’s lead and upped its rates.
After postponing the federal budget in mid-January, Finance Minister Joe Oliver has scheduled the budget for Tuesday, April 21.
Canada’s real gross domestic product (GDP) fell 0.1 per cent in January due in part to sagging construction and diminishing output from real estate professionals.
The governor of the Bank of Canada has gone into damage control mode, defending the rate cut that shocked the markets but spurred agent business.
With regulations around bidding wars about to change, one broker has developed a platform he believes will revolutionize the real estate industry.
In a comprehensive study of condo markets across Canada, Genworth and the Conference Board of Canada are predicting a soft landing in most cities, with some expected to see more significant price drops.
One of Canada’s most influential not-for-profit research organizations recently published its yearly Long-Term Economic Forecast, which include its predictions for the housing and mortgage markets for the next few years.
The debate on mortgage debt versus consumer debt is heating up after the CMHC released previously confidential remarks about its concern for the housing market, but is it time to finally put that discussion to bed?
The Canada Mortgage and Housing Corp (CMHC) has admitted that it told the finance ministry in 2014 its concerns about increasing high household debt levels and rising prices in a number of urban property markets.
There has been much speculation since the Bank of Canada’s surprise rate cut in late January, but have the predictions come true?