In the year 2000 the bank lending interest rate in Canada was 7% but by last year it had fallen to 2.7% while incomes increased, more than doubling the amount that homebuyers could borrow
A campaign centred on the creation of affordable housing in Calgary is gaining attention after it placing an ad on the popular booking website Airbnb.
Ontario is set to deliver almost $15m in funding for affordable housing over five years to low- and moderate-income households in Hastings and Northumberland counties.
The holiday season is looking jolly -- to say nothing of warmer -- for a homeless Canadian who's lived in a tent by the side of Yellowhead Highway.
A complex multi-million dollar mortgage fraud scheme has been busted by the Calgary police and RCMP officers, with four people now facing 29 criminal charges.
Vancouver’s rental crisis is seemingly worse than expected, as new data from the Canada Mortgage and Housing Corporation’s 2014 market rental report cited vacancy rates to be as low as 0.3%.
The amount of foreign investment in Canada’s condominiums appears to be significantly less than what some critics say, according to new figures by Canada Mortgage and Housing Corp (CMHC) .
The Canada Mortgage and Housing Corp.’s (CMHC) fall rental market report has revealed Calgary to have the highest rents of any metropolitan area in the country as of October.
New data compiled by CIBC World Markets has revealed subprime lenders’ share of the Canadian mortgage market has reached record levels.
A new rental housing development is in the works after the Government of Canada, the Province of Saskatchewan and Silver Sage Holdings Ltd. agreed to construct a 26-unit project in Regina.
Household debt across the country in Q3 has hit record highs, as it accelerated faster than disposable income, the latest figures from Statistics Canada have revealed.