The Province of British Columbia unveiled its 2018 budget, including a 30 point plan to restoring housing affordability. Here’s the most important details that may impact Vancouver real estate prices.
Toronto real estate prices are diverging, with detached prices dropping while condos are hitting new all-time highs. Is the gap between the two becoming too close?
Toronto condo prices just printed another all-time high, but is seeing gains taper. Here’s what you need to know about the numbers.
Teranet’s Toronto real estate price index has stopped declining, but there’s a little more to those numbers.
Time for your cheat sheet on this week’s most important real estate stories. Canadian Real Estate CIBC Kills Foreign Income Program, Makes Buying Canadian Real Estate Harder CIBC is discontinuing its Foreign Income Program, a program designed to help those with foreign income obtain an uninsured mortgage. The program is being replaced with new, more […]
Canadian real estate sales see the biggest drop since the Great Recession, and it’s actually in line with what was expected.
Foreign buyers looking to buy Canadian real estate just got a massive hurdle when obtaining a mortgage, from CIBC – one of the country’s largest banks.
Canada’s largest real estate markets may be seeing irrational buying. The Canada Mortgage And Housing Corporation (CMHC), a Crown corporation, has developed a new method of tracking over enthusiastic buyers. The method detects periods of accelerated price growth, in Canada’s largest markets. The most recent readings show Toronto and Vancouver are showing excessive exuberance. Montreal […]
Vancouver real estate prices have been soaring, and the CMHC thinks they know why… for the most part. They still can’t explain almost a quarter of recent gains.
Toronto real estate prices have been soaring, but how much higher than they should be? The CMHC thinks almost 60% of the gains were unexplained.