In Toronto, even low-rise homes are losing their affordability.
Owning a home in Canada was more affordable in the third quarter of this year according to new stats from RBC Economics.
The International Monetary Fund is again warning about Canada’s housing market.
Alberta’s finance minister says that the province will deliver its core aims and a budget surplus despite the fall in the oil price.
A new report reveals home ownership across Canada – particularly condos – became more affordable in the third quarter of 2014, despite the broad increase in home values.
Interest rates in Canada will increase in May 2015 and rise steadily thereafter.
A poll of forecasters by Reuters shows a consensus that next year will see a slowdown in housing construction and prices but are still fearful of a market crash.
The latest figures on house prices south of the border show a decline in growth.
The Canada Mortgage and Housing Corporation has released its analysis of house prices and concludes that while there is some overvaluation, there is little risk from overheating or overbuilding.
A new study suggests that more retirees are choosing to shun downtown condo living in favour of a home in the suburbs.
The weekly Bloomberg Nanos Canadian Confidence Index has fallen again to a nine-month low.