Why we’re not like the States
It can be very hard to take a look at the housing market in Canada and not at least be tempted to compare it with that of the States’ just before they crashed and fell into a huge recession. Changes have been made to mortgages in Ottawa to try and prevent the same thing from…
Read moreIs it Cheaper to Live up North?
Forget about Ottawa mortgages and Toronto mortgages, it might be cheaper to live up North! A recent report from the Canadian Mortgage and Housing Corporation shows that it may be cheaper to live up North – way up North – than it is to live in the Southern parts of Canada. This, the figures show,…
Read moreCanadian Home Prices Keep on Climbing
Homeowners that are looking for a Calgary mortgage or a Toronto mortgage, and are hoping that prices are going to drop soon will find no relief, according to a report released by the Canadian Real Estate Association on Friday. The report shows that home prices across Canada rose an average of 5.1 per cent in…
Read moreIs Toronto’s Condo Market Starting to Normalize After All?
Even though the Toronto condo market has really only been slightly overheated for a year or so, it seems like it’s been forever that people have been panicking over the amount of condos going up, the increasing sale prices, and the amount of people continuing to take on Toronto mortgages. But now, all that unrest…
Read moreVancouver Sales Down, Prices Still Up
All eyes have been on Toronto sales, Toronto homes, and Toronto mortgages for the past month or so, and that could be because Vancouver is starting to take a little less heat as market conditions seem to be normalizing there. But there are still signs of trouble as sales are slumping, but home prices remain…
Read moreCottage Owner? Or Property Investor?
Cottage sales have been up this year, and sales started going through the roof when most of Canada wasn’t even out of the winter season yet. This was due to a very mild winter that motivated many buyers to get out there and get the cottage of their dreams. But, were some of those buyers…
Read moreVancouver Just can’t Win
There’s been some concern out West about Calgary mortgages and Edmonton mortgages, as housing markets continue to increase and homes continue to be overvalued and interest rates are bound to soon start going up. But no market has caused more concern than that of Vancouver’s. Vancouver undoubtedly has had one of the most overvalued housing…
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