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Steady housing market in 2015, some moderation in 2016: Canada's housing agency
Thursday, October 30, 2014
OTTAWA - Home construction in Canada will stay steady in 2015 as it follows the country's economic and demographic trends, the national housing agency said Thursday.
Bank of Canada maintains overnight rate target at 1 per cent
Wednesday, October 22, 2014
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent.
CMHC: We Don't Know How Many Foreign Investors Are Buying Canadian Homes
Tuesday, October 21, 2014
Canada’s government-run mortgage insurer has admitted it has little grasp on how much of the housing market is now owned by foreign investors, but insists the issue is not a problem.
World Architecture Festival 2014: The Coolest, Wildest New Buildings
Sunday, October 19, 2014
The World Architecture Festival took place in Singapore earlier this month, handing out nearly three dozen awards for the most innovative, unique buildings and structures being built or planned around the world today.
Canadian house prices 'moderating': Royal LePage
Wednesday, October 15, 2014
Canada's housing market is in Goldilocks mode — not too hot and not too cold, except in Toronto and Calgary which are “bucking the trend of moderation” now taking hold in major cities from Halifax to Montreal and Winnipeg, says a quarterly house price survey from Royal LePage.
Canada condo boom rolls on as buildings fall apart
Monday, October 13, 2014
TORONTO (Reuters) - While Toronto's housing boom rolls on, some of the housing itself is falling apart.
Scotiabank’s Porter Calls Canada Bubble Fears Overblown
Sunday, October 12, 2014
Canadian concerns about a housing bubble are overblown in a country where credit growth is modest and the job market is stable, says Bank of Nova Scotia Chief Executive Officer Brian Porter.
Canadian housing boom is over — except in Hot 3 cities
Friday, October 10, 2014
The housing boom is now over for most Canadian cities, with the exception of the “Hot 3” — Toronto, Vancouver and Calgary — which are unlikely to see a downturn until interest rates tick upward, according to a new housing report from BMO Economics.
Spending on renovations outpaces new home construction
Thursday, October 9, 2014
More money was spent renovating homes in Canada than building new ones during the 12 months to the end of June, according to data compiled by the Bank of Montreal.
5 things to consider before tapping your home for cash
Thursday, October 9, 2014
During the housing bust, many homeowners were cut off from a popular source of funds: their homes.
Bigger condos look to lure families
Wednesday, October 8, 2014
Though they are often thought of as homes for singles and couples, there is a growing movement to make condos large enough to accommodate larger families that include children.
Millennials lured by lengthy stretch of low rates spur Canada’s condo boom
Tuesday, October 7, 2014
Qamar Qureshi is doubling down on Toronto’s condo boom. Qureshi, a senior finance manager at Sun Life Financial Inc., took out a mortgage this year for a $360,000 one-bedroom unit plus den in downtown Toronto to live closer to work. Three years ago, he bought a $320,000 luxury suite before construction started and will begin making payments when it’s finished next year.
Canada may need tougher rules to slow overvalued housing market, IMF warns
Tuesday, October 7, 2014
Canada may need tougher rules to slow gains in the housing market, the International Monetary Fund said.
Heat Savings Over Hardwood: Survey Reveals Shift in Home Buyers' Desires
Tuesday, October 7, 2014
Utility bills can cost a homeowner even more when they go to sell their property according to the CENTURY 21® Canadian Home Critics Survey. In the results, which expose purchasers' motivations and turn offs, Canadians overwhelmingly report that they would select a home with energy efficiency upgrades (41%) over updated finishings like granite countertops or hardwood floors (22%).
Vital Signs report: Toronto 2nd most unaffordable housing market in Canada
Tuesday, October 7, 2014
Toronto is the fourth most livable city in the world and one of the best places to do business, according to a 245-page report card on the city’s overall health released today, but it's also the second most unaffordable housing market in Canada
Toronto homes sales now on pace for potential record in 2014
Friday, October 3, 2014
The Toronto Real Estate Board says sales in the country’s largest city have picked up enough that 2014 could set an all-time record for activity.
Toronto on track for record house sales this year
Friday, October 3, 2014
Toronto is on track to see a record number of house sales this year as demand — and prices — continue to climb beyond almost anyone’s expectations, even for condos.
The true cost of downsizing
Friday, October 3, 2014
As more and more Baby Boomers reach their retirement years, Canadians are starting to take a serious look at the merits of downsizing. What they may not fully appreciate is the cost involved.
Finance Minister Joe Oliver says Calgary, Toronto and Vancouver distorting housing numbers
Wednesday, October 1, 2014
Joe Oliver, the federal finance minister, downplayed fears of a housing bubble and emphasized three of Canada’s largest markets continue to distort national housing numbers.
Bank watchdog rejects interfering with lenders’ mortgage business
Wednesday, October 1, 2014
Canada’s banking regulator is washing his hands of the idea of forcing banks to assume more of the risks from their mortgage businesses.


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