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 Spotlight On Mortgages: Many economic factors lead to a transition within the housing market. How will home buyers fare in changing times?
This week’s Spotlight on Mortgages: CMHC’s 2013 Mortgage Consumer Survey finds home buyers are hungry for knowledge and eager to get the best rate.
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 June outlook has been released by RateSupermarket.ca’s expert panel, and an increase is anticipated for fixed mortgage rates.
Mortgages Spotlight: TREB reports a spike in Toronto housing prices despite a downturn in units sold year over year.
The latest Q1 2013 report from CMHC shows a 54% in insured mortgages compared to March of 2012. Last summer’s mortgage rules are a contributing factor, as fewer buyers qualify for financing, and are choosing to save longer for their home down payments.
Mortgages spotlight: This week, outgoing Bank of Canada governor Mark Carney made his last rate announcement, and incoming Stephen Poloz prepares for Canada’s economic challenges.
The latest report from CAAMP on mortgages shows recent rule changes are having an adverse impact on housing starts.
Change may be in store for amortizations on low ratio mortgages. How would additional borrowing restrictions further impact the Canadian housing market?