CREA has hiked their housing market forecast for this year and next as high demand persists despite rising prices. How affordable is the housing market in your region? Read on for our breakdown.
Are Toronto condos still a good investment? A senior BMO economist has found they’ve historically offered a better return than the TSX. Here’s what buyers and investors should know.
Buying a home today really is less affordable than in decades past, a cross-generational consensus gathered by RateSupermarket.ca reveals.
Our Not Your Mother’s Mortgage survey finds only 46 per cent of today’s millennials (born between 1980 – 2000) are currently in the position to become owners in their region – 30 per cent fewer than non-millennials (born 1979 and earlier).
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.
Is it really worth taking out debt for home renos? Lured by reality TV and low interest rates, Canadians are taking on more reno projects than ever.
This week on MoneyWise, we’re all about moving on up – what changes can you make to your home, finances and savings to get ahead this spring? Read on for this week’s lineup!
Feel like you have less cash this month? You’re not alone – spending tends to heat up during the warm weather days – Canadians are out of hibernation and we’re ready to shop. Between hitting retailers, the open road and the open houses, it can be easy to go over budget as temperatures rise.
Two of the nation’s biggest real estate sources are at odds over housing predictions – the Bank of Canada and Re/Max do not see eye to eye on whether the housing market is in for a “soft landing”.
A CIBC study finds Canadian home buyers prefer fixed mortgage rates to variable, especially as recent discounts make locking in more affordable than ever.