Market Update

Three weeks after the 15 per cent tax on foreign home buyers was introduced in Vancouver, Fitch Ratings says it leaves the housing market vulnerable to rising unemployment

Low rise homes in the Greater Toronto Area exceeded an average of $900,000 for the first time in July as builders reported a 10-year inventory low

Federal policymakers should focus on lack of housing supply rather than trying to curb demand according to economists at National Bank Financial

Investors are growing increasingly wary of overinflated home prices in parts of Canada

The office market in Saskatoon is healthy but there is a trend away from the downtown core

An online construction jobs referral system encourages gender discrimination according to a women’s group which has made a complaint to the Quebec Human Rights Commission

Canada’s immigration minister says that the aging population means the country needs immigrants who will become permanent residents but they should be encouraged to settle outside the hottest housing markets

Vancouver, Toronto and Calgary are among the most liveable cities in the world and are less than a point from the top spot

Those selling higher-priced homes should be taxed on the profits according to Nobel Prize-winning economist Joseph Stiglitz

Ontario credit union Meridian has announced that it will launch a national bank to challenge the big five