Market Update

  • 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.

  • Choosing a mortgage lender

    Your mortgage broker will help you choose the best lender from which to get your mortgage, but it’s important to make sure that you are aware of all the details when making your choice.

  • Using a mortgage broker

    Although you could go straight to a bank, and then another bank, and then find you can’t go directly to some of the alternative lenders available – believe us when we say there is a better way: Use a mortgage broker.

  • Saskatoon housing starts down by 80 per cent

    Saskatoon’s housing starts have dropped dramatically to 80 per cent to 116 units in April, the latest monthly housing report by Canada Mortgage and Housing Corp. (CMHC) has revealed.

  • Greater Victoria housing starts up

    The Greater Victoria area has seen what analysts believe to be a “full-blown economic recovery” after its housing starts figure for this month jumped almost thrice the number from 2014.