While some of the measures outlined this week in the federal government’s budget have been welcomed by the real estate industry, there is still room for criticism
DBRS says that residential mortgage credit has continued to grow at a steady space thanks to low interest rates. Its figures show a 5.3 per cent rise in the market to the end of 2016, totalling $1.43 trillion
The rise in Canadian home prices is only surpassed by two other countries according to analysis from Knight Frank.
Home sales in the southwest Ontario market of Grey Bruce Owen Sound hit a new high in August with real estate agents selling 358 units, up 36.6 per cent year-over-year
The rise in Canadian home prices is only surpassed by two other countries according to analysis from Knight Frank
The Canada Revenue Agency must be diligent in cracking down on real estate tax cheats, the BC finance minister says.
Homebuyers in Ontario are willing to stretch their budgets to bag their dream home according to a poll by the Real Estate Council of Ontario
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
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