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Canada Housing Market

Absurd Property of the Week: Vancouver vs. Saskatchewan

Melissa Carr | Posted 05.31.2013 | Canada British Columbia
Melissa Carr

We're on to the flatlands of Saskatchewan this week. I thought instead of picking a price point, I'd have a look at what an average home costs in Regina.

Absurd Vancouver Property Of The Week

Melissa Carr | Posted 05.01.2013 | Canada British Columbia
Melissa Carr

Last week we had a look at properties in Halifax, Nova Scotia. This week we move on to New Brunswick, where $1.1 million can buy you a country estate, located on over one square kilometre of untouched land, including a seven-acre spring-fed lake. What will it buy you in Vancouver?

Jesse Ferreras

How Canada's Housing Crash Could Take The Economy Down With It

HuffingtonPost.com | Jesse Ferreras | Posted 04.20.2013 | Canada Business

Canada's housing market is falling in the country's major cities and it could very well drag the economy down with it, a prominent housing analyst sai...

Canadians Bailing On Housing Market: RBC

CP | The Canadian Press | Posted 05.26.2013 | Canada Business

TORONTO - The number of Canadians expecting to buy a home within two years has dropped dramatically even though overall confidence in real estate rema...

'Economic Shock' Could Send House Prices Tumbling 44%

Financial Post | Posted 03.12.2013 | Canada Business

A severe economic shock, such as the kind that hit Japan in the early 1990s and California and Nevada in 2006, would have to knock Canadian housing pr...

The Condo Boom Is Back (This Month, Anyway)

CP | The Canadian Press | Posted 05.08.2013 | Canada Business

OTTAWA - A big month-to-month jump in multi-unit housing construction is being credited with a higher rate of Canadian housing starts in February.Cana...

Toronto Home Sales Implode

CP | The Canadian Press | Posted 05.05.2013 | Canada Business

TORONTO - The number of homes sold last month in the Toronto area was down about 15 per cent from the same time last year.The Greater Toronto Area Rea...

Housing Starts Dip But Still Surprise Economists

CP | Julian Beltrame, The Canadian Press | Posted 03.11.2013 | Canada Business

OTTAWA - Housing starts declined for the fourth consecutive month in December, but remained well above sustainable levels, leading to further fears th...

Bad News In Housing Keeps Building Up

CP | The Canadian Press | Posted 02.09.2013 | Canada Business

OTTAWA - Canada Mortgage and Housing Corp. says the pace of housing starts fell in November for a third straight month.The agency says there were 17,6...

Housing Market Feels A Chill

CP | The Canadian Press | Posted 01.21.2013 | Canada Business

TORONTO - There's mounting evidence October was a weak month for sales of Canadian housing.A new monthly analysis by Teranet shows Canadian housing pr...

Housing Slowdown Goes Nationwide: CMHC

CP | The Canadian Press | Posted 01.08.2013 | Canada Business

OTTAWA - The pace of home building slowed in October to a softer reading than economists expected in a report by the federal mortgage insurer, providi...

‘No Mortgage Pre-Approval Was Needed’: Is Canada’s Condo Market Going Nuts?

The Huffington Post Canada | Daniel Tencer | Posted 11.06.2012 | Canada Business

A report from an equity research firm into the Toronto condo market raises serious questions about the possibility of irresponsible mortgage lending, ...

Our Housing Crash Won’t Be Like America’s: CIBC

CP | Posted 12.30.2012 | Canada Business

TORONTO - The news out of Canada's real estate market isn't good, but the country will avoid a U.S.-style real estate meltdown, CIBC said Tuesday. ...

Housing Prices Cooled In September: Survey

CP | The Canadian Press | Posted 12.24.2012 | Canada Business

TORONTO - A new survey says Canadian home prices weakened in September as new mortgage rules introduced in the summer appeared to keep some buyers out...

Should We Stop Encouraging Home Ownership?

CBC | Posted 11.24.2012 | Canada Business

Home ownership is often connected to the notion of living the "American dream." But it is as much a part of Canadian identity as it is in the U.S. ...

Catastrophe Or Boom Times? Depends On Whom You Ask

The Huffington Post Canada | Daniel Tencer | Posted 09.06.2012 | Canada Business

Whether Canada’s real estate market is among the strongest and most resilient in the world, or whether it is on the precipice of a major correction,...

Flaherty: Falling House Prices 'Desirable'

The Huffington Post Canada | Daniel Tencer | Posted 08.31.2012 | Canada Business

The recent softening in some of Canada’s most expensive housing markets is a good thing, Finance Minister Jim Flaherty said Friday. The weakening...

Rachel Mendleson

Canada's Housing Bubble To Burst In A Big Way?

HuffingtonPost.com | Rachel Mendleson | Posted 08.24.2012 | Canada Business

As debate about the stability of the Canadian housing market continues to swirl, a new report has come down firmly on the side of the bubble believers...

Will Demographics Rescue Canada From Housing Armageddon?

CP | LuAnn LaSalle, The Canadian Press | Posted 10.23.2012 | Canada Business

A downturn in the housing market may not be as bad as feared because the important 25-34 age group will continue to buy houses — some with help from...

Leave The Emotions At The Door When House Hunting

Brennan Aguanno and Anna Kemp | Posted 10.21.2012 | Canada Business
Brennan Aguanno and Anna Kemp

An article in The Atlantic entitled "The 11 Ways That Consumers Are Hopeless at Math" reveals how businesses use fact and psychology to persuade shoppers into making purchases they normally wouldn't make. They're tricks some Canadians face at the mall, the car dealership and even the grocery store. But what about the housing market? Are Canadian house hunters having the wool pulled over their eyes? Whether you're buying, selling or just window shopping, here are three things to consider.

'Moderate' Slowdown In Housing Market Coming, Mortgage Insurer Says

CP | Posted 08.14.2012 | Canada Business

OTTAWA - Canada Mortgage and Housing Corp. is forecasting a moderate slowdown in new-home construction starts as well as sales of existing housing.The...

House Prices Keep Climbing

CP | The Canadian Press | Posted 10.09.2012 | Canada Business

OTTAWA - Statistics Canada says its price index for new homes rose 0.2 per cent in June, following a 0.3 per cent increase in May.The largest May-to-J...

Prices Soften, But Condo Construction Speeds Up

CP | Sunny Freeman, The Canadian Press | Posted 07.08.2012 | Canada Business

TORONTO - The pace of housing starts unexpectedly surged in April, mainly due to an increase in construction on urban apartments and condos, areas of ...

Vancouver Falls; Could Toronto's Bubble Be Next?

CBC | Posted 07.04.2012 | Canada Business

Prices continue to rise in Canada's two largest real estate markets, but a closer look at the numbers shows two housing markets headed in...

Caution In The Condo Market

CBC | Posted 06.21.2012 | Canada Business

Canada's top banker suggests the housing market could be headed for trouble in parts of the country where home prices are high. ...