There is growing evidence of risk in the country's real estate markets as home prices have climbed faster than income and population growth, a report by Canada's federal housing agency says
Agents have been wondering just how wide-spread the impact of the new mortgage rules will be, and one leading economist has crunched those numbers
There’s no doubt you’ve come across a listing on MLS that had the most ridiculous photos: blurry kitchens, stretched bedrooms and maybe a few pictures that you couldn’t decipher at all.
Agents in Canada’s largest cities say bidding wars and offer dates are being made to take the fall for the kind of rapid growth in pricing increasingly outstripping the means of even well-heeled buyers.
They’ve gone from zero to more than 1,000 offices, they like the fat commissions that could come with luxury home sales, but could they be headed north?
Experts insist the housing boom is coming to an end… Parking lots disappearing all across Canada… Alberta economy is “a concern” says BMO report… Toronto couple plan to downsize…from their $25 million home!
Agents in Nova Scotia’s HRM remain bullish on the market, despite the latest CREA numbers suggesting a boom from the much-touted shipyard contract could take more time than expected.
Agents are always looking for the next big neighbourhood, but they may be better to take the lead of real estate agent John Ayoub, who suggests your centre of influence is where you should be.