Toronto, Vancouver House Prices 'Risky' But Will Keep Rising: Banks

Toronto, Vancouver House Prices 'Risky' But Will Keep Rising: Banks

08.31.2015
Home affordability in Toronto and Vancouver is approaching “risky” levels, according to a report from RBC, but low interest rates and...
Look: Toronto's Skinniest House Is Selling For $750K

Look: Toronto's Skinniest House Is Selling For $750K

Daniel Tencer  08.28.2015
If you’re looking to squeeze into Toronto’s detached-home market for under $1 million, you can still pull it off, but you might have...
High House Prices Pushing Up Debt, But We've Got It Covered: BoC

High House Prices Pushing Up Debt, But We've Got It Covered: BoC

CP  08.25.2015
OTTAWA — The Bank of Canada says rising home prices have increased household debt levels, but steps taken by regulators to tighten mortgage...
Mulcair Fears 'Terrible Surprise' In Housing Market

Mulcair Fears 'Terrible Surprise' In Housing Market

Daniel Tencer  08.17.2015
“Look at a city like Vancouver. How can a young couple even live in the city where they’re working? That’s not good for families...
Economists Applaud Harper's Move On Foreign Homebuyers

Economists Applaud Harper's Move On Foreign Homebuyers

CP  08.16.2015
TORONTO — Economists and researchers are applauding Stephen Harper's election campaign promise to collect data on foreign ownership in...
Canada's Largest Homebuilder Sees ‘Scary' Future For Mortgage Rates

Canada's Largest Homebuilder Sees ‘Scary' Future For Mortgage Rates

Daniel Tencer  08.15.2015
Low interest rates have driven Canada’s housing markets to new heights in recent years, but the president of Canada’s largest homebuilder...
Harper's Pledge On Foreign Homebuyers Gets Mixed Reception

Harper's Pledge On Foreign Homebuyers Gets Mixed Reception

CBC  08.14.2015
The Conservatives' pledge to spend $500,000 on collecting "comprehensive data on foreign buyer activity in Canada's housing market" has...
CMHC Says Toronto, Other Cities At High Risk Of Housing Correction

CMHC Says Toronto, Other Cities At High Risk Of Housing Correction

CP  08.13.2015
TORONTO — A new report from the Canada Mortgage and Housing Corporation says Toronto, Regina and Winnipeg face a high risk of a housing...
Here's Where House Prices Are Rising And Falling Across Canada

Here's Where House Prices Are Rising And Falling Across Canada

Daniel Tencer  08.12.2015
The Teranet/National Bank house price index hit a new record high in July, largely due to strong growth in the Toronto area and Vancouver,...
Real Estate Dreams Dashed: Priced Out And Resigned To Renting

Real Estate Dreams Dashed: Priced Out And Resigned To Renting

CBC  08.10.2015
Kat Armstrong is not ready to hunt for a new rental home. She and her husband Matthew moved their family into their current Toronto apartment...
Canada's Biggest Housing Bear Just Turned Even More Pessimistic

Canada's Biggest Housing Bear Just Turned Even More Pessimistic

Daniel Tencer  07.29.2015
Capital Economics sees 30% decline in Canada’s ‘dangerously high’ house prices Risk of oversupply of new homes U.S. homeownership...
Canadian Homes 20% Overvalued, Correction Coming: Fitch

Canadian Homes 20% Overvalued, Correction Coming: Fitch

Daniel Tencer  07.20.2015
Some parts of Canada have seen runaway house price growth so far this year, but Fitch ratings agency says all that is coming to an end...

Toronto Condo Prices Keep Rising

CBC  07.17.2015
The Toronto Real Estate Board said there were 7,656 condo transactions in the second quarter of 2015 — representing a growth rate of...
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...