Finance Minister Announces Changes to Canadian Mortgage Rules
Federal finance minister, Jim Flaherty, announces upcoming changes to Canadian mortgage rules.
Read moreCanadian Housing Markets Poised for Steady, Moderate Growth in 2011
Home prices are poised for steady yet moderate growth in the first half of 2011, as Canadian mortgage and housing markets absorb the slack in demand caused by decade-long, double-digit pricing increases.
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 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 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 moreAnalysts Read Tea Leaves to Forecast Canada’s Mortgage and Interest Markets
Market analysts weigh in on the direction of Canada’s home mortgage and interest rate markets following a Bank of Canada rate increase.
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