Oliver: No bubble in Canada
Canada’s housing market is not inside a bubble and does not need any major changes as of the moment, Finance Minister Joe Oliver has claimed.
Halifax housing starts quadruple from 2014
Halifax last month saw a dramatic increase in housing starts, quadrupling figures from April 2014.
April housing sales jump, CREA data shows
April home sales for Canada jumped for the third consecutive time, data from the Canadian Real Estate Association (CREA) has found.
Prince George housing starts ahead of 2014
Data from the Canada Mortgage and Housing Corporation has found the pace of housing starts in Prince George and its areas are still well ahead of last year’s numbers.
No taxes for foreign property buyers
Some Canadians are exposed to mortgage debts despite the housing market being stable, Prime Minister Stephen Harper has warned.
Flat numbers for Toronto and Vancouver
Canada’s hot property markets Toronto and Vancouver showed flat figures despite the rise in Canadian home prices for April, the latest Teranet-National Bank Composite House Price Index shows.
Older and Stable Careers are Homebuyers
RE/MAX realtor Rick Dimock claims the new breeds of first-time homebuyers across Canada are becoming older and more comfortable in their career.
Canadians optimistic about homes investments
A whopping 84 per cent of Canadians still believe that owning a home remains a good investment, with a quarter considering purchasing one in the next two years.
Canadians using home equity lines of credit
More Canadians are finding it hard to resist the temptation of borrowing money, as the use of home equity lines of credit increases, consumer groups have warned.
Thunder Bay’s housing drops in April
Housing starts are slowing down for Thunder Bay’s housing market, data from the Canada Mortgage and Housing Corp. has revealed.