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A recent report suggests it might be time to put the “foreign buyer blame game” to rest in Toronto. According to the Toronto Real Estate Board (TREB), foreign homebuyers made up less than five per cent of home purchases in the Greater Toronto… Continue reading »
What is the true extent of foreign real estate ownership in Canada? The CMHC is attempting to find out, as both house and condo prices skyrocket. Continue reading »
A recent report finds the CMHC has taken efforts to further crack down on foreign investment in Canada. Will this provide clarity for nation’s too-hot-to-handle housing market? Read on for our breakdown. Continue reading »
The latest housing market assessment has been released by the CMHC and it has ranked what it feels are the riskiest Canadian markets. Is your city on the list? Read on to find out. Continue reading »
Canada condo starts have hit the highest levels since 1971, according to the latest data from CMHC. What does this mean for home buyers? Read on for our breakdown. Continue reading »
Foreign home ownership in Canada has been a concern of housing market critics as prices spike in certain neighbourhoods. The CMHC is now researching the impact, though many say the data is inconclusive. Read on for the full story. Continue reading »
The minimum home down payment has been increased to 10% from 5% on homes priced over $500,000. What does this mean for buyers? Read on to find out . Continue reading »
Canadian home buyers are doing a better job of paying off their mortgages, reports the CMHC’s Q3 update. The average credit score of borrowers is also improving – read on for the full story. Continue reading »
The results are in from the CMHC 2015 First-Time Homebuyers Survey. Read on to see the top trends facing those trying to break into Canada’s housing market. Continue reading »
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. Continue reading »