December 12th, 2015
Canada is raising minimum down payments on some government-insured mortgages, a move aimed at curbing the risk of a housing crash in Toronto and Vancouver where high prices are leaving … [read more]
December 11th, 2015
Greater Vancouver housing prices remain well above the Canadian average, and this divide is only going to grow in 2016, according to a RE/MAX report released December 10. In 2015, … [read more]
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December 11th, 2015
Amid speculation that the federal government will take steps next year to raise the minimum down payment needed to buy a home priced above $500,000, one of Canada’s major realtors … [read more]
Comments Off on Home Price Growth Modest in 2016, Higher in Toronto & Vancouver
December 10th, 2015
A global real estate company is forecasting the average Canadian home sale price will climb next year despite the impact of lower oil prices on the housing market. “While we … [read more]
Comments Off on The Average Canadian Home Price Will Still Rise in 2016, Here’s Why
December 10th, 2015
Buying and selling older houses in Metro Vancouver is now worth more to the provincial economy than the BC forestry, natural gas and mining industries combined. Projected dollar volume of … [read more]
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December 10th, 2015
New rules on larger down payments would barely impact consumers outside of Vancouver and Toronto, according to one of country’s largest real estate companies. Re/Max said in its own surveys … [read more]
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December 9th, 2015
It’s the year of the condo for Canada’s housing market. Construction of multiple units as a share of total new housing starts is at the highest level since 1971, data … [read more]
Comments Off on Condo Building Hits Highest Share of Canada Market Since 1971
December 9th, 2015
Condo groundbreakings were a driving force behind Canadian housing construction once again as the number of national housing starts — home-building projects on which work started — was up in … [read more]
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December 9th, 2015
Canadian housing starts rose unexpectedly in November and building permits surged in October, fuelling Canada’s prolonged housing boom even as the nation’s weak economy contributed to underlying softness in some … [read more]
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December 8th, 2015
Are you ready to purchase a home but need to find a realtor? With so many realtors to choose from, there are certain real estate interview questions you can ask … [read more]
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December 8th, 2015
New home construction continued to rise in November, prompting Canada Mortgage and Housing Corp. to issue a reminder to builders to keep an eye on inventory. The Crown corporation said … [read more]
Comments Off on CMHC Warns Against Over-Building as Multi-Unit Housing Construction Jumps More Than 13%
December 8th, 2015
Over the past year the loonie has fallen by around 10% and as a result Canadians are buying less property in the United States. For the very first time, Chinese … [read more]
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December 7th, 2015
If you’re trying to buy a home for your growing family but find that the pickings are slim, now you’ve got someone to blame: baby boomers. The Washington Post recently … [read more]
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December 7th, 2015
Analysts say it’s hinging on supply levels, interest rates and foreign capital Two recent charts depicting Vancouver’s eye-popping real estate market are especially interesting to put together for a look … [read more]
Comments Off on Vancouver Housing Prices : How High Can They Go?
December 7th, 2015
This week marked the official start to the holiday season (at least in my books). It’s full steam ahead from here on out. I’m a sucker for the holidays, but … [read more]
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December 6th, 2015
There are a total of 17 condos for sale as of December 6th, 2015 in Metortown The MET by Concord Pacific in Burnaby area. The smallest condo unit is 511 … [read more]
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December 6th, 2015
There are a total of 7 condos for sale as of December 6th, 2015 in Metortown Chancellor by Polygon Home in Burnaby area. The smallest condo unit is 842 sqft … [read more]
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December 6th, 2015
Foreign ownership of condos is on the rise across Metro Vancouver, according to new data from the Canada Housing Mortgage Corporation (CMHC). Foreigners have gone from owning 2.3% of the … [read more]
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December 6th, 2015
There are a total of 14 condos for sale as of December 6th, 2015 in The Windsor Gate by Polygon Home in New Horizons Coquitlam area. The smallest condo unit … [read more]
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December 6th, 2015
There are a total of 27 houses for sale as of December 6, 2015 in Westwood Plateau Coquitlam. There are 3 new listings for houses for sale in Westwood Plateau … [read more]
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December 5th, 2015
Speculation is rife among Canada’s mortgage brokers that the Department of Finance is going to make changes to the existing minimum down payment requirements for buying a home in Canada. … [read more]
Comments Off on Canada Could Get a Sliding Scale for Home Down Payments
December 5th, 2015
There are a total of 172 condos for sale as of December 5, 2015 in Burnaby Metrotown area. There are 14 new listings for condos for sale in Burnaby Metrotown … [read more]
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Comments Off on Canada Tightens Mortgage Rules to Help Cool Blistering Toronto, Vancouver Housing Markets