The majority of homes bought by investors in Toronto last year are losing money according to a real estate brokerage
It’s been named as Canada’s least affordable city and figures from the CMHC don’t give any comfort to those struggling to buy a home in the city.
The Real Estate Investment Network has published a study on the residential real estate investment sector and ranks Calgary and Edmonton as top picks.
The governor of the Bank of Canada said today that it would not be a good idea to raise interest rates in a bid to tackle imbalances in certain sectors of the economy such as property.
House prices went up again in Calgary last month; rising 10 per cent compared to October last year.
A new quarterly report from Desjardins says that Vancouver is Canada’s least affordable market currently, due to house prices relative to income.
A new rental supplements program in Nova Scotia will give the region a much needed boost for affordable housing for seniors and low income families.
A recent poll shows Canadians spend a higher percentage of their income on housing. Nearly 43 cents of every dollar goes towards housing costs in Canada.
The latest Canadian Emerging Trends Real Estate report from PricewaterhouseCoopers shows that office construction is not slowing down in our major cities.
Construction next year should be pretty much in line with 2014 according to new figures from the CMHC.
Data from CMHC has revealed predictions for house prices and sales levels over the next 2 years with most markets continuing to see price rises.