Slow year ahead for certain markets?
Agents in one major market are best served to prepare for sluggish housing price gains, according to one industry leader’s recent forecast.
Broker discusses lender aversion to micro condos
Micro condos may be one of the biggest Canadian real estate trends on the horizon, but your clients may struggle to secure financing for these unique properties. One mortgage broker explains why.
Finding the best 'hood for your clients just got easier
A new website aims to help potential homebuyers make one of the most important decisions when buying a home – which neighbourhood to live in.
CMHC offers foreign investment stats
In a first for CMHC, the Crown corporation has asked property managers in its Rental Market Survey to disclose what percentage of units are owned by foreign investors.
Finance minister talks reining in housing market
Canada’s finance minister is in talks with provincial finance heads to discuss the country’s overvalued housing market.
CMHC continues its decline
CMHC insurance in force continues to decline after the crown corporation – and Canada’s largest mortgage default insurer – axed a number of its programs earlier this year.
Booming 2014 to give way to moderated 2014 and 2015?
CMHC forecasts gradually improving economic conditions in Canada in 2014 and 2015; though it also predicts a moderation in housing starts, according to its latest quarterly Housing Market Outlook report, released Wednesday.
CMHC crunches condo ownership breakdown
Industry professionals have often wondered what percentage of condos in Canada’s two biggest markets are occupied by their owners, and what per cent are owned by investors – and the data has finally been compiled.
Realtor doesn’t like first-time buyer trend
First-time home buyers are putting off purchasing a principle residence in favour of first buying investment properties in cheaper markets, but some experts believe this isn’t the best move.
Analyst questions CREA stats
One industry analyst is questioning how the Canadian Real Estate Association (CREA) reports its home sales data, suggesting his own analysis points to a less frenetically-paced market.