Market update

  • 2% rise in interest rates could break homeowners by Jamie Henry | 29 May 2014

    It hasn’t been this easy to pay the interest on your mortgage in almost 25 years, but a report by a credit rating agency. says there are clouds on the horizon of this feel good news story, reports The Financial Post. read more

  • Vancouver had most expensive houses in 2011 by Jamie Henry | 29 May 2014

    Not surprisingly, B.C. led Canada in home value in 2011 — and the value of housing in Vancouver was the highest of any Canadian city, reports Business In Vancouver. read more

  • RBC offers real estate agents referral fees by Jamie Henry | 28 May 2014

    Royal Bank of Canada is offering real estate agents $1,000 for referring five first-time home buyers, as competition among banks for first-time buyers has heated up. read more

  • U.S. home prices rise in March by Jamie Henry | 28 May 2014

    U.S. single-family home prices rose in March and beat expectations, according to a closely watched survey reports Reuters. read more

  • Economy on track: Finance Minister by Jamie Henry | 28 May 2014

    Canada's economy and inflation are performing well, despite weak exports, which are expected to pick up, Finance Minister Joe Oliver told Reuters. read more

  • Home affordability caught in a tug of war by Jamie Henry | 27 May 2014

    The affordability of homes in Canada is caught in a tug of war between rising prices and lower mortgage rates. But the Royal Bank of Canada predicts that that’s all about to change. read more

  • Sales of high-end real estate soaring by Jamie Henry | 27 May 2014

    Sales of high-end homes in Toronto have surged this year, outstripping the growth in sales of more modestly priced homes, reports The Globe and Mail. read more

  • Over asking price not what it seems by Jamie Henry | 27 May 2014

    The stories of homes selling for over asking price might look like a hot market, but according to the website Business In Canada, that gives the wrong impression about the real estate market. read more

  • GTA new home sales continue to climb by Jamie Henry | 26 May 2014

    New-home sales in the GTA remain strong as April figures show continuous improvement over 2013, according to the Building Industry and Land Development Association (BILD). read more

  • How you might save on your mortgage by Jamie Henry | 26 May 2014

    Canadians who switch mortgages and first time home buyers get better deals from bank than existing customers, reports the Toronto Star. read more