In Toronto, even low-rise homes are losing their affordability.
An Alberta lawyer has been sentenced to 10 months probation for falsifying mortgage documents
The Bank of Nova Scotia has been downgraded by ratings agency Moody’s due to a focus on credit cards and auto loans rather than the lower-profit mortgage market
Canadians are shying away from investing cash according to a report from CIBC World Markets
Fears of a housing correction in Canada’s two hottest markets are unlikely to be realized. Homes in Toronto and Vancouver to continue to appreciate during 2016.
Ratings agency Fitch has completed its review of Canada’s largest lenders and has rated all but one of their outlooks as ‘stable’. See the top lenders.
Hong Kong and Sydney are the only cities in the world that are more unaffordable than Vancouver. Vancouver has some of the highest housing costs in the world.
In the past year concerns a declining housing market in Alberta has left mortgage insurer Genworth MI Canada Inc with a 25 percent drop in stock value.
One of western Canada’s top property brokerages is to become part of JLL Canada
Sun Commercial Real Estate says that information on a Chinese-language website claiming that investors can get high returns with no risk was nothing to do with the company
The Canada Revenue Agency has issued a reminder to first-time buyers that they could qualify for $5,000