Sales of condos in the Greater Toronto area were up 22.1 per cent in the third quarter of 2016 compared to the same period of 2015 but the market remains constrained by tight supply
High levels of Canadian household debt are causing concern among the international banking community as levels exceed peers such as the US and UK
Some of Canada’s largest real estate boards and associations have reported strong activity in home sales as the summer buying season gathers pace.
The weekly index of Canadian consumer confidence from Bloomberg/Nanos is at a two-year low, down to 52.31 last week from 53.41 a week earlier.
The annual Mortgage Alliance Rally of Hope has raised $135,000 for the Canadian Cancer Society.
New data from the Toronto Real Estate Board show that less commercial space in the area was leased in July 2015 compared to a year earlier.
Sales of homes in the Vancouver metro were running at about a third more than the 10-year average in July despite inventory remaining tight.
Canada’s largest private mortgage insurer has revealed good news for the industry but bad news for investors