CMHC says that “strong evidence of problematic conditions” remains for Canada’s housing market as growing house prices clashes with a slowing of adult population growth and a decrease in disposable household income
Realtors in the Greater Toronto Area and Kitchener-Waterloo saw strong surge in sales last month
The chief economist of bank and mortgage lender CIBC expects Ottawa to do more to boost the econom
The weather turned stormy in February but there was still plenty of power in the Ottawa housing market
There were 4,172 home sales in the Metro Vancouver market in February, up 36.3 per cent year-over-year and setting a new record for the month
The housing market in Hamilton has been seeing some heat recently and that has been demonstrated this week with the sale of a modest home in need of some TLC which sold for more than $100,000 over the asking price
There was a sharp increase in home sales in Edmonton in February. Despite the year-over-year figure being 10.1 percent down, sales were up 36.54 percent.
Home sales in Calgary dropped 6.63 per cent in the year to February 2016 according to data from the Calgary Real Estate Board
For the second consecutive week there was positive movement for the Canadian Consumer Confidence Index
There was a 21.9 percent surge in home sales in the London and St Thomas market. The market in this area continues to grow and bring in new investors.
For most of Canada the housing market is still affordable but in the two hottest markets the situation is worse than ever