Canada 'Building 2 Houses For Every New Person'

Canada 'Building 2 Houses For Every New Person'

Daniel Tencer  07.17.2015
Decline in home-buying population to drag down housing BMO sees protracted slump starting in 2018 Hilliard MacBeth sees it starting...
Insanity? Cheaper Loans On Offer 12 Minutes After BoC Rate Cut

Insanity? Cheaper Loans On Offer 12 Minutes After BoC Rate Cut

Daniel Tencer  07.15.2015
Get ready for Canada’s borrowing frenzy to get even more frenzied, thanks to the Bank of Canada’s interest rate cut — a move even...
Home Prices Jump Nearly 10%

Home Prices Jump Nearly 10%

CP  07.15.2015
OTTAWA - The Canadian Real Estate Association says low interest rates have given buyers confidence and pushed the number of monthly sales...
Royal LePage: Interest Rate Cut Could 'Over-Stimulate' Housing Markets

Royal LePage: Interest Rate Cut Could 'Over-Stimulate' Housing Markets

CP  07.14.2015
TORONTO - Figures from Royal LePage suggest that Toronto had the hottest real estate market in the country during the second quarter, with...
Amid Bad Economic News, Home Construction Keeps Booming

Amid Bad Economic News, Home Construction Keeps Booming

CP  07. 9.2015
OTTAWA - The pace of new housing starts picked up in June and came in better than expected, defying a recent trend of disappointing economic...
$1.05M: Toronto Housing 'On Fire'

$1.05M: Toronto Housing 'On Fire'

Daniel Tencer  07. 7.2015
If Canada is in a recession, as some economists now say, you certainly wouldn’t know it by looking at Toronto’s red-hot housing market. And...
New Investors Bring Zoocasa Back From The Dead

New Investors Bring Zoocasa Back From The Dead

CP  07. 2.2015
TORONTO - Online brokerage Zoocasa is back, resurrected by a group of investors less than two weeks after being shut down by Rogers Communications...
These Canadian Towns Are Giving Land Away For Free

These Canadian Towns Are Giving Land Away For Free

CP  06.28.2015
MONTREAL - Large parts of Canada were settled thanks to a government policy of giving out free land to anyone willing to show up and farm...
Canadian Housing Market 'An Accident Waiting To Happen'

Canadian Housing Market 'An Accident Waiting To Happen'

Daniel Tencer  06.24.2015
Crash could come in autumn, when U.S. expected to raise rates Vancouver expected to be epicentre Similar bets against Canada...

Canadian Housing 'An Accident Waiting To Happen,' Short Sellers Say

National Post  06.24.2015
Large Wall Street investors who made billions when the U.S. housing market collapsed in 2008 are now betting real estate values in Vancouver...
Homebuilders Want Looser Rules As Owning House Eats Half Of Income

Homebuilders Want Looser Rules As Owning House Eats Half Of Income

Daniel Tencer  06.23.2015
With an average two-story house now costing half of a typical household’s income, a leading lobby group is pushing Ottawa to loosen lending...
Want To Upgrade To A New Home In Toronto? Prepare To Despair

Want To Upgrade To A New Home In Toronto? Prepare To Despair

Daniel Tencer  06.19.2015
Upgrading from a condo to a single-family house in Greater Toronto just got $100,000 more expensive. In May of last year, the price difference...
Are Foreigners Really Buying Up Canadian Homes?

Are Foreigners Really Buying Up Canadian Homes?

CP  06.19.2015
Foreign investment has become a hot-button issue in Vancouver lately, with many residents blaming demand from offshore buyers who are looking...
Average Canadian Home Price Passes $450,000

Average Canadian Home Price Passes $450,000

CP  06.15.2015
TORONTO - Home sales accelerated in May to their highest level in more than five years, as some home buyers looked to preempt an increase...