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14 November 2016
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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19 November 2012
The Canadian housing market conundrum awaits a faster and easier fix
According to a recent announcement made by Moody’s rating agency, a majority of the largest Canadian banks are likely to suffer a credit downgrade. This stirs up the fears of rising debt levels amongst consumers as they look to refinance their homes. The housing prices are also not going to be free from a substantial price…
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