Muted Prospects for Canadian Mortgage and Housing Markets Moving into 2011
Prospects for Canadian mortgage and housing markets are likely to muted as we move into 2011, with the CREA revising its forecasts for 2010 and 2011 home sales.
Read moreOutstanding Canadian Residential Mortgage Debt Crosses $1 Trillion
Canadian mortgage debt has crossed $1 trillion for the first time, due to increase in buying activity and home equity loans.
Read moreHow will QE2 affect Canadian Home Mortgage and Housing Markets?
Quantitative easing in the U.S. is unlikely to resolve the U.S. housing and foreclosure mess, or significantly boost consumer spending. In Canada, the question is how long will home mortgage and interest rates remain low while the Bank of Canada digests the effects of QE2.
Read moreCanadian Headlines of “Dismal Housing Prospects” Not Supported by IMF Report
Despite dire headlines, the IMF classifies Canada as one of the few “rebound economies” in which mortgage and real estate markets have avoided the steep declines in so-called “bust economies” including the U.S. and Great Britain.
Read moreFurther Tightening of Canada’s Mortgage Rules Possible, Financial Post Reports
Speculation that further tightening of Canadian mortgage rules may be in the offing, sparks analysts to warn of the impact such changes could have on housing markets.
Read moreKey Differences in U.S. and Canadian Home Mortgage Markets Overlooked
Comparisons of Canadian mortgage and housing markets to their U.S. counterparts ignores key differences in underlying practices that skewed U.S. markets and led to a U.S. housing collapse.
Read moreCanada’s Mortgage and Real Estate Markets Make a “Soft Landing”
Why Canada’s mortgage and real estate ‘doomsayers’ miss the mark regarding Canadian mortgage and housing markets.
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