Condos in Canada: Is the Bubble a Myth?
Buying A Home / Mortgage News / Mortgages

Condos in Canada: Is the Bubble a Myth?

Despite what all the real estate market pessimists might say in my opinion there is no condominium bubble in Canada. All signs point to Canada’s real estate market remaining strong for this year and well into the rest of the decade. In most major urban centers the average resale price is at historic highs. This indicates an even greater need for condominiums, which are often seen as a more cost effective alternative to single family homes. Here are the major reasons that debunk any theory that Canadian condominium prices are bubbling. Continue reading »

Former Bank of Canada Governor Believes Feds Should Cool the Housing Market
Economic News / Mortgage News / Mortgages

Former Bank of Canada Governor Believes Feds Should Cool the Housing Market

Former Bank of Canada governor David Dodge spoke out this week saying that as the reality is house prices are more likely to go down rather than up in the next few years that the Finance Minister and Bank of Canada need to consider intervening to avoid a housing bubble. He didn’t comment on whether … Continue reading »