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
Expansion may increasingly be upwards but the traditional outward growth of urban communities is as strong as ever.
The governor of the Bank of Canada has made it clear that the US Federal Reserve does not control what happens in Canada.
The latest figures on the U.S. housing market are due this week and experts are predicting that things will be improving after the cold winter.
A new BMO report says that Canada’s levels of personal debt are a real concern for many, especially the younger demographic.
Condos are king in Calgary with sales up 20 per cent year over year and no sign of that abating.
Macdonald Realty says that more than a third of the buyers of single-family detached homes that it sold last year have a connection to mainland China.
A report by RBC Economics says that a rise in interest rates would have a big impact on the housing market but would be a cooling rather than a crash.
As an alternative to a condo or single-family home, townhouses are a great option…if you can find one.
Canadian household net worth per capita reached 77 per cent of the United States' level in 2012, according to a new study.
Canada holds three of the top spots in an annual survey on the ‘livability’ of the world’s great cities.