New data from both the Bank of Canada and Canadian Real Estate Association show Canada’s housing market is on track for recovery, but there’s still room to grow.
This week’s Mortgages Spotlight: A new RBC report indicates the housing market will take a back seat to other economic drivers in the near future, as the export industry strengthens, and businesses boost their spending.
The CREA March numbers are in for the Canadian Housing Market Update – sales continue to slump nationwide, while prices make modest gains.
As the latest numbers released by CREA show sales were down 17.4% in December, it looks like Canada’s housing market is downright frozen – but will spring’s traditionally hot mortgage market help turn things around?
If you’re looking for quick and easy gift solutions, think outside the box. Gift cards are the quintessential go-to for convenient gift giving, and deal vouchers are gaining popularity as presents. But do you know where your money is really going? Read on for our guide to financially smart gift card giving!
CREA (Canadian Real Estate Association) has once again revised its forecast for Canadian housing market activity as November numbers show sales are down 11.8 per cent from 2011.
Don’t let bad habits bruise your financial standing. This week on Money Wise, we’re looking at how common bad behaviour can have a lasting effect on your bank account. Whether you’re a bill procrastinator, overspender, or a ticket magnet, we have ways to help you clean up your act – you naughty thing, you.
Slight gains are being witnessed in the Canadian housing market for the first time since August – and they could be a sign that real estate is slowly starting to recover from CMHC’s mortgage rule change bomb earlier this summer.
The latest industry numbers from CREA and TREB are out this week, and they all point to a cooling housing and mortgage market across Canada.
It appears housing markets across the country are feeling the brunt of recent CMHC mortgage changes, as sales saw a 5.8 per cent nation-wide dip from July to August. According to the Canadian Real Estate Association (CREA), this is the largest month-over-month decline since June 2010