Take heart, agents, it could be much worse
Canadian women in their 30s are the best kind of borrowers when it comes to fulfilling their mortgage obligations, financial expert says
Calgary luxury market faces trouble... Rhodes family brokers continue grandfather's legacy in real estate... Sales spike as buyers weather the cold... Barrie market hot as sales rise...
The International Monetary Fund (IMF) has hopped on the bandwagon, declaring Canada’s housing market overvalued, though it still predicts a “soft landing”.
Agents are preparing for the incoming changes to one province’s Condominium Act, which some industry players believe could spell the end of DIY condo sales.
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.
Book aims to break down property values... Edmonton feeling oil crunch on home sales... Vancouver prices continue to rise...