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40% Drop in Vancouver Home Sales Dampens Canadian Market in December
Canadian home sales slowed last month, thanks to a 40% drop in Vancouver, the country’s most overheated market.
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Canada’s Economy Showing Signs of Life
An improving jobs market, higher oil prices and stronger exports all suggest the Canadian economy is on the gradual road to recovery.
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Canada’s Economy Shows Progress as Housing Market Awaits Fallout from New Mortgage Rules
Canada’s economy created 43,900 jobs in October, marking the first back-to-back gains in employment in over a year. On the housing front, real estate sales are diverging between East and West, as markets await the fallout from Ottawa’s new mortgage rules.
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Canadian Housing Market Remains Firm Despite Ugly Second Quarter for Broader Economy
Housing was one of the only bright spots in an otherwise ugly second quarter for Canada’s economy.
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Is Housing Canada’s Last Economic Lifeline?
Canada’s economy is growing at its slowest rate in 60 years, with only housing preventing things from getting worse.
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How Brexit Could Impact Canada’s Housing Market
Brexit dealt a massive blow to the financial markets, as heightened economic and political uncertainty triggered unrest across the globe. The aftershock of the referendum will have a prolonged impact on the global economy, including real estate.
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Canadian Real Estate Investing Continues to Pay Dividends
Real estate investing in Canada continues to pay dividends, with growth in house prices far outpacing gains in equities over the past 12 months.
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