Vancouver remains in the top three most expensive cities to own a home for middle-income earners
More than two thirds of millennials would choose to buy or rent a home in Vancouver’s Lower Mainland – if they had the money!
Economists are not expecting the Bank of Canada to increase interest rates for some time, probably late 2017 or early 2018; however, for shorter-term mortgages there could be a rise much sooner
Housing starts were lower in August with CMHC’s 6-month trend measure showing 195,640 units compared to 201,379 in July. However, the agency says that the overall supply remains higher in many areas
The latest data on home building intentions show disparity between the two most common housing types with fewer single-family homes planned while multi-family units increased
Commercial real estate agents in the GTA leased more than 100,000 square feet more in August compared to a year earlier
Home resales in Ottawa hit a new high in August with 1,484 properties sold through Ottawa Real Estate Board’s MLS. The figure represents a 16.3 per cent rise year-over-year and is more than 200 units above the 5-year average for August
The positive impact of the real estate industry on the wider Canadian economy has been highlighted in a report from BMO Capital Markets