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Money Talks: New Housing Rules Slow Toronto Real Estate; Home Prices Up 10% Nationwide
Money Talks: New Housing Rules Slow Toronto Real Estate; Home Prices Up 10% Nationwide – The latest from Canadian Mortgages Inc.
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Canadian Millennial’s Guide to Buying a Home
The transition from rent to homeownership has many obstacles for millennials. We’ve put together this guide to help young people make homeownership work for them.
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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.
Read moreJulie Dickson Warns Again about Housing Market
Back in the spring, Julie Dickson, head of the Office of the Superintendent of Financial Institutions, warned that high interest rates could be “very painful.” And while her most current warnings may not sound so dire, when Ms. Dickson spoke to an industry group about the current housing and mortgage market, she still brought with…
Read moreCanada’s Arguably Top Economist Says there’s No Housing Bubble
Throw a stick out into the crowd of Canadian economists, and you’ll likely hit at least a few that have been saying that Canada is currently in a housing bubble. And while you can go back and forth with this argument, there’s one economist that says we’re in fact, not in a bubble. And he’s…
Read moreThe small picture
Looking at the big picture in the housing market it is easy to conclude that the housing boom should be bracing for a crash. It seems that with all that is going on in the world and especially with our closest southern neighbor, that the constant calls for interest rate increases continue to to be muted and…
Read moreCanada’s Housing Market: Not Too Hot, Not Too Cold
“The Canadian housing market has seen some big ups and downs in recent years, making national sales activity so far this year look like something of a Goldilocks story by comparison,” affirmed CREA’s president Gary Morse, “not too hot, not too cold.” The latest data released by the Canadian Real Estate Association (CREA) suggests that…
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