Carney speaks about the government’s current issues with household finances. Are Canadians taking on too much debt?

The housing market remains hot in the fourth quarter as the loonie continues to be strong and the Bank of Canada announced no plans to increase overnight lending rates, putting all previous speculations to rest. This is great news for the economy and the real estate market as consumer demand continues to grow.

The Canadian housing market has been making a steady comeback over the past few months and the August CMHC monthly housing statistics prove that housing starts are making a sharper jump than expected in the real estate market. In addition, low mortgage rates are still the norm. So with the Canadian housing market gaining ground [...]

Royal Lepage recently released their Market Survey Forecast and House Price Survey which found that it Canada’s resale housing market had recovered lost ground in Q2 2009 and is well positioned to stabilize for the remainder of the year, after a very slow start.
As the economy begins to stabilize and consumer confidence improves, house [...]

RateSupermarket.ca reviews the Canadian Mortgage and Housing Corporation’s (CMHC) predictions for 2009-2013. All of which indicate a continued slow-down in the real estate and building markets in Canada.

Builders started work on fewer houses in February than January, but more houses were sold in 2009’s second month than the first.
So are February statistics from the Canadian Mortgage and Housing Corporation good news or bad?
Well, let’s have a look at some highlights.
Rate of housing starts (seasonally adjusted) in 2009
January: 153,500
February: 134,700
Rate of housing starts [...]