Canada’s Housing Market Review: March 2016 Edition
Canada’s housing market remained robust in March, as demand for multi-unit dwellings trumped rising unemployment and slower wage growth that could make it more difficult for households to afford homes.
Read moreUptick in Housing Starts; but is that Good News?
According to the Canada Mortgage and Housing Corporation, there was an increase in housing starts during the month of September, but that doesn’t mean that they’re forecasting good news for the Canadian market. Housing starts weren’t just up in September when compared with the month before, they were also approximately 10,000 more than experts and…
Read moreHigh Housing Starts Indication of More Competition for Landlords
There’s an interesting trend happening around the country. Mortgage rules have tightened significantly within the past five years; and recently CMHC announced new rules to lenders that will also have their own impact. But instead of a major softening or correction, housing starts trended at 187,416 units last month; and those were only down a…
Read moreHousing 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.
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