Housing Bubble

CP

Bad Weather Can't Stop It

OTTAWA - Canada Mortgage and Housing Corp. says the pace of housing starts picked up last month, ending a string of modest declines that began in November, but it appears the longer-term trend remains...
CP

Housing Bubble? Not On My Watch

OTTAWA - Federal Finance Minister Jim Flaherty says he's prepared to clamp down on mortgage rules once again if Canada's housing market continues to heat up.The finance minister named consumer debt, w...
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Calm Before The Storm?

OTTAWA - Canada's much-watched housing market is sending out mixed signals these days — even for analysts.A spate of fresh data and yet one more market-cooling tweak from Ottawa last week has put one...
CP

No Sign Of A Housing Correction..

TORONTO - Home prices in Canada are showing no indications of falling this year, a survey by Royal LePage suggests.A report by the real estate company said the average prices for standard two-story ho...
CP

Condo Craze A Major Risk To Canada: BoC

OTTAWA - An overbuilt and overpriced condominium market is posing a risk to Canadian households, banks and the economy in general, the Bank of Canada warned Thursday in its latest review of the health...
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Absurd Property of the Week: Vancouver vs. Alberta

People live in lots of other cities in our country and for many different reasons. Yes, Vancouver is beautiful. Yes, we have a mild climate. Yes, our quality of life here is amazing! However we also have tons of rain, an out-of-control cost of living and -- absurd property prices. Anyway, I digress. I'm on the last leg of my cross-Canada tour. Today we'll have a look at what your Canuck bucks will fetch you in Alberta.
CP

This Is A Healthy Housing Bust..

OTTAWA - Finance Minister Jim Flaherty is dismissing fears about Canada's housing market, saying the current slowdown is welcome news and that there is no need for further government intervention.Whil...
CP/GNM

Absurd Vancouver Property Of The Week

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?