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Bank of Canada maintains overnight rate target at 1 per cent
Wednesday, July 16, 2014
he 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.
Canadian home sales edge higher in June
Tuesday, July 15, 2014
Ottawa, ON, July 15, 2014-According to statistics released today by The Canadian Real Estate Association (CREA), national home sales activity edged up almost one per cent on a month-over-month basis in June 2014.
Canadians Most Optimistic About Housing Since 2008
Monday, July 14, 2014
Canadians are the most optimistic about the country’s real estate market in more than six years as prices reignite.
Canadian home prices rise in June, but 12-month inflation slows: Teranet
Monday, July 14, 2014
TORONTO — Canadian home prices rose in June but the pace of 12-month home price inflation slowed to its lowest rate in six months, the Teranet-National Bank Composite House Price Index showed on Monday.
Should you give your child a down payment to buy a house?
Saturday, July 12, 2014
When it comes to money decisions, it can be hard to figure out the right thing to do. Money is about power, emotion, morality, and security, among other things. So in this space, we gather personal finance luminaries to weigh in on a financial quandary.
Mercer's survey says Vancouver most expensive city, as Canadian cities drop in global ranking
Thursday, July 10, 2014
TORONTO — Vancouver tops the list of most expensive Canadian cities to live in, surpassing Toronto for the second year in a row, according to an annual cost of living survey.
Royal LePage says Canada’s big city housing markets continue to boom as small centres left behind
Wednesday, July 9, 2014
Smaller housing centres are not getting the same lift during this real estate boom, says a new survey from Royal LePage. The real estate company says it expects prices to rise nationally another 5.1%, but by 2015 any increase is likely to be limited to inflation.
Canadian housing starts rise unexpectedly in June as slowdown fails to materialize
Wednesday, July 9, 2014
TORONTO — Canadian housing starts rose in June, bucking expectations for a modest slowdown in the month and suggesting the building sector added to economic growth in the second quarter after a brutal winter, data released on Wednesday showed.
Canada's high-end home sales soar in first half of the year: Sotheby's International Realty Canada
Tuesday, July 8, 2014
An international realty company says activity in the Canadian luxury home market continues to rise in the country’s four largest markets.
Canadians buy most U.S. properties in the world, but China spends most
Tuesday, July 8, 2014
Foreigners purchased US$92.2 billion of U.S. homes in the 12 months through March, led by buyers from China and Canada ...
Cottage prices and sales booming, realtors say
Monday, July 7, 2014
Fast rising home prices in large urban centres may also be contributing to the increase in sales of recreational properties in this country, say some real estate experts.
Strong loonie spoiling Bank of Canada's plans for economy - Times Colonist
Sunday, July 6, 2014
OTTAWA - With the resurgent loonie spoiling the Bank of Canada's best laid plans, has the time come for governor Stephen Poloz to take off the kid gloves?
Even economists say they continue to be surprised by Canada's housing market
Thursday, July 3, 2014
Record low interest rates have have forced Toronto-Dominion Bank to boost its forecast for the Canadian housing sector.
'HGTV effect' pushes home renovation spending to record $63-billion - Vancouver Sun
Wednesday, July 2, 2014
TORONTO - It could be just the impact of all those home-renovation television programs, but Canadians are fixing up their properties like never before, according to a new report.
Canadian consumer confidence rises as real estate outlook surges - bnn.ca
Monday, June 30, 2014
Canadian consumer confidence rose for the first time in a month as optimism about real estate prices surged to the highest in almost five years.
Canadians may no longer be top foreign buyers of US real estate - bnn.ca
Monday, June 30, 2014
Alain Forget, the head of sales and business development at RBC Bank, is watching to see whether Canadians retain their top spot in the rankings of international buyers of U.S. properties this year.
Canada Housing Boom Feeds Muskoka Cottage Surge - Bloomberg
Wednesday, June 25, 2014
According to the Canadian Real Estate Association, the median price for cottages in Muskoka was C$494,000 in May, up 7 percent from last year and the second-highest on record. The Rousseau cottage was the most expensive since the C$7.5 million sale ...
5 questions to help you decide whether to rent or buy a home
Wednesday, June 25, 2014
Rent or Buy? While there's no universal "right" answer, start your decision process by asking yourself these five questions.
Canadian housing bears stand their ground as prices keep rising - The Globe and Mail
Tuesday, June 24, 2014
It's too soon to relax about the Canadian housing market, says Bank of Nova Scotia economist Derek Holt.
Canada fin min plays down housing fears - CNBC.com
Monday, June 23, 2014
Canada's finance minister has moved to play down fears of a sharp correction in the country's housing market, telling CNBC that while he was monitoring the rising prices closely for signs of overheating, he was "not especially worried."


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