The CMHC has released its latest forecast for home sales in Canada, and they foresee a downtown in our red-hot market. However, one economist calls into question red flags raised over the condo market, saying the data doesn’t paint the full picture. Here’s what buyers and owners should know.
There are new Liberal changes for the Home Buyer’s Plan in store, including expanding eligibility beyond first-time buyers. Here’s how the program is changing – and how it could impact your retirement savings.
Canadian home prices have been steadily rising – in fact, the pace they’ve risen at is the 4th fastest in the world, according to a new Scotiabank report. Here’s what you should know if you’re trying to enter the market, or are already a homeowner.
Is it ever smart to buy a house with a credit card? The ability to pay the deposit for new condos was recently introduced by a real estate website – but is it a safe – or smart – way to buy real estate? Here are the potential buyer pitfalls you should know about.
Sean Cooper, writer for RateSupermarket.ca’s MoneyWise, has reached his goal of being mortgage-free by 30! How did he do it? Read on for his secrets!
Foreign real estate investment is a point of contention for expensive markets like Vancouver, where locals allege prices are driven excessively high by buyers who don’t even reside in the city. Now, the Conservative government has made a re-election promise to address the issue – but at what cost?
Condo incentives are extra features tossed in by developers to reel in buyers – ranging from guaranteed rent income to new cars. Here’s a sample of the goodies up for grabs in some markets.
Good news for prospective home buyers and landlords: the CMHC has announced that 100% of profit from an income suite can be used toward your mortgage qualification, Previously, only 50% was allowed. Read on to see how this can affect your home financing.
Just bought a home? Now it’s time to get life insurance for your mortgage. Here’s what you should know about choosing the right policy and term.