One of Canada’s largest mortgage lenders says that the new federal government mortgage rules will have a significant impact on one area of its lending
Sales of high-rise homes in the GTA are set to break records in 2016 according to the Building Industry and Land Development Association (BILD)
Housing starts increased in June to 183,959 units in June compared to 179,908 in May.
The value of residential properties is expected to be higher in six months, according to the latest barometer of consumer sentiment.
The number of homes valued at $1 million or more has grown, according to data from the City of Ottawa and Ontario’s Municipal Property Assessment Corp.
More families are shunning the leafy suburbs and opting for downtown living in Toronto.
The total value of building permits plunged in May by 14.5 per cent, according to the latest data from Statistics Canada.
China’s stock markets have been plummeting this week over concern that the world’s second largest economy is struggling and that Beijing’s latest support measures may not do enough to turn that around.