New Homes to Slow, Rates and Prices to Rise: CMHC Q3 Housing Market Outlook
Buying A Home / Mortgage News / Mortgages

New Homes to Slow, Rates and Prices to Rise: CMHC Q3 Housing Market Outlook

It seems everywhere you look, there’s evidence of Canada’s booming new home construction market – but that’s not expected to last, according the the Canada Mortgage and Housing Corporation (CMHC). The national housing agency anticipates developers will stop bringing as many homes to market and will shift focus to selling what’s already built in its quarterly Housing Market Outlook, released last week. Continue reading »

Pro Post: Home Buying Challenges for Immigrants

Pro Post: Home Buying Challenges for Immigrants

Carving out your home in a new country is daunting enough – navigating the real estate market is an entirely different challenge. Many newcomers to Canada are keen on becoming home owners – but some may be better off renting as a lack of credit history can mean paying a much higher mortgage rate. Here, pro poster Pracheer Saran shares why his family chose to buy. Continue reading »