A new BC budget has been tabled with a new focus on helping homebuyers afford to buy in the province. But will these new measures actually make it easier for prospective buyers? Political opponents say it’s too little, too late. Read on for our break down.
Foreign home ownership in Canada has been a concern of housing market critics as prices spike in certain neighbourhoods. The CMHC is now researching the impact, though many say the data is inconclusive. Read on for the full story.
In markets like Vancouver, steep prices and limited real estate mean competition among buyers can be cut-throat. Now, that’s gone to a whole new level with contract assignments, a practice where successful bidding war buyers put their homes immediately back on the market to command even higher prices.
As prices continue to rise, many Canadians find they are stuck in their starter home. What options do growing families have, if they can’t afford to move up in the market?
Mortgages Spotlight: the Remax 2014 Housing Market Outlook finds home sales and prices hit a 5-year peak in 2013.
Sales may have slowed over the past year, but some of Canada’s real estate markets sport sizzling conditions. Read on for a recap on our nation’s top mortgage markets – Toronto, Calgary and Vancouver.
What is the most affordable housing market in Canada? We break down buying conditions in each province to assess where you’ll get the most for those hard earned housing dollars.
A poll conducted by Reuters on the mortgage and housing market shows we may be in for a 10% decline – but that the downward activity will be healthy economic activity.
This week’s Friday Mortgage Roundup explores the impact of Scotiabank’s ING DIRECT acquisition and breaks down recent CAAMP updates.
Although the recent CMHC changes aren’t news to many (I hope) and I feel like I’m starting to sound like a broken record… a survey conducted by BMO found that a whopping 49 per cent of Canadians are not familiar with the new mortgage rules that came into play this past Monday! This leads me to believe that 49 per cent of Canadians live under a rock, mortgage free and without cable. If you are one of the 49 per cent, please check out the new rules and help tip the “in the know” side of the scale.