Market Update

Home prices rose in ten of the eleven markets covered by the Teranet-National Bank HPI in June; the index was up 2.3 per cent for the month and 10 per cent from a year earlier

Almost three quarters of Royal Le Page real estate advisors working in the Vancouver and Toronto markets report higher volumes of foreign buyers of residential properties during the second quarter of 2016

Canadians in the millennial and Gen-X demographics are less confident in meeting their financial goals now than they were 6 months ago according to a poll from bank and mortgage lender CIBC

It was a year ago that the Bank of Canada made its second cut in interest rates within 6 months following the surprise cut at the start of 2015

The Windsor-Essex housing market continues to grow according to the latest data from local realtors

The body representing Canada’s big banks has slammed proposals that Canada Post should offer banking services in order to shore up its business

New condos being built in the City of Toronto helped boost the 6-month average trend measure of Canadian housing starts in June but the national picture was less rosy

Mike de Jong, the British Columbia finance minister, has announced that the legislature will consider whether to allow the City of Vancouver to impose a tax on vacant properties when it meets later this month

Home sales in Saskatoon were down by 8.2 per cent in the first half of 2016 compared to the same period last year

Fund manager David LePoidevin says the Vancouver real estate market may already be crashing