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?
One of Canada’s largest markets hit a decades-old record for unsold condo units this January, as supply continues to skyrocket. But what will this mean for prices and the health of the housing market as a whole?
Many of Canada’s foreign investors hail from China, but political uncertainty in other parts of the world could bring a wave of investment from two countries in particular.
Homebuyers in one major market may have difficulty in qualifying for a mortgage as sinking oil prices scare lenders in the region.
A new study, 10 years in the making, will help agents better advise clients who are interested in purchasing one of the most popular property types.
The level of mortgage debt in Canada has sparked furious debate among industry professionals about qualification standards for mortgages.
It’s been a whirlwind week following the Bank of Canada’s announced rate change and the industry could be in for even more disruption come March, according to a growing chorus of financial institutions predicting further cuts.
One major market recorded its third best year for condo sales on record in 2014, and saw a marked increase year-over-year.
Finance Minister Joe Oliver has assured Canadians there is no housing bubble developing, despite record low interest rates that may entice some buyers to purchase more home than they can likely afford.
Leading players in real estate and architecture will present the second biennial edition of Toronto of the Future
Changes reflect greater focus on advocacy and core member services, says CEO Tim Hudak
Blue Pearl Mortgage Group Inc. is expanding its footprint once again, this time with services in Ontario