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”.
Will dropping oil prices cause a major slowdown in Canada’s housing market? Read on to see how consumers will be affected in this week’s edition of Housing Headlines.
Mortgages Spotlight: Two opposing views on the potential of rising interest rates are released by Canadian policy makers.
Mortgages Spotlight: Speculation abounds that the Bank of Canada would have cut its interest rate in last week’s announcement rather than just their rate bias, if it hadn’t been for household debt fears. Fears also arise that prolonged low rates will prompt Finance Minister Flaherty to impose new mortgage rules, but he says he won’t interfere in the market – for now.
Mortgages Spotlight: Home sales are rebounding, according to the latest Royal Le Page numbers, and Finance Minister Jim Flaherty expresses confidence that the U.S. debt ceiling will be avoided.
Mortgages spotlight: Sales demand remains strong throughout every market except condos, due to decreased first time segment.
Looking to live the life of luxury? This week’s Money Wise guide is full of fab frugal tips!
Get ready for home buying and selling season with this spring mortgage market guide.
New stats for starts suggest the Canadian mortgage market is in for a period of moderation, especially in once-hot urban condo markets. What does this mean for new home buyers?
Buying your first home can be such an overwhelming experience. With so many p’s and q’s to keep track of, it’s no surprise that a recent RBC poll found 60% of first time buyers made at least one mistake during the purchase of their home.