Housing Starts Dip as Real Estate Market Slows Down
Economists say that despite homes being overvalued, larger household debt, and lesser housing starts, Canadian housing market is not at a serious risk.
Read moreReal Estate Agents Entitled to Finder Fee
According to a new agreement, real estate agents will now be entitled to a fee of anything above zero while homeowners looking at MLS home listings are required to pay the broker a flat fee.
Read moreBMO Economists Forecast Stable Canadian Home Mortgage and Housing Markets
Canadian home mortgage and housing markets are far more stable than some economists would have us believe.
Read moreMajority of Canadian Baby Boomers Still Have an Outstanding Mortgage
A large percentage of baby boomers in Canada are struggling to pay off their mortgage, and many of them now want to move to a smaller house.
Read moreMuted 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 moreHome Mortgage and Interest Rates Likely to Remain Low due to Dollar/Loonie Parity
Home mortgage and interest rates are likely to remain at current lows, as parity between the Canadian loonie and U.S. dollar puts pressure on the Bank of Canada to defer further rate hikes into 2011.
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.
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