Market Update

Foreign investors, deterred from Vancouver’s residential property market by the 15 per cent tax, are likely to increasingly focus on commercial real estate

An extra $200 per month would be enough to push 56 per cent of Canadians into a debt crisis, unable to pay their bills

The president and chief executive of Trez Capital Mortgage Investment Corporation is to retire the company has announced

Last year, Vancouver was “overvalued”; in 2016 it is the most at risk of a housing bubble. That’s the assessment of the Swiss bank UBS which has considered the risk in 18 major cities and puts Vancouver above the 2015 leader London, UK

Owners of small businesses in Ontario say they are less optimistic of growth than they were last year and cite the real estate market as one of their main concerns

Spending on housing renovations is a growing part of Ontario’s economy according to the latest report from the Canada Mortgage and Housing Corp

A major mortgage lender and Canada’s largest private mortgage insurer say that homebuyers are set for increased costs if proposals by the Office of the Superintendent of Financial Institutions to strengthen capital requirements are introduced

Introducing the 15 per cent sales tax in Vancouver has led to a rise in racist abuse according to author and former Urban Development Institute director David Allison

A coalition of real estate organizations is working to implement international standards for the measurement of residential real estate

Canada’s financial regulator says that mortgage insurance firms need to bolster their defenses against the risk of defaults due to the high price of homes compared to incomes