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New construction condo market to slow?
2015-03-08 10:13:18 AM
The latest building permits report from Statistics Canada found a 21 per cent decline in permit values for multi-family construction projects, which fell to $1.5 billion in January – its lowest point since March 2013.read more
CMHC reveals confidential memo to finance ministry
2015-03-06 7:56:00 AM
The Canada Mortgage and Housing Corp (CMHC) has admitted that it told the finance ministry in 2014 its concerns about increasing high household debt levels and rising prices in a number of urban property markets.read more
Another rate cut this year? Maybe not
2015-03-05 11:58:59 AM
After the Bank of Canada’s decision yesterday to hold steady on the 0.75 per cent interest rate many analysts now say that another rate cut this year is unlikely. read more