Big bank answers tough mortgage and housing-related questions during its quarterly conference call against a backdrop of growing mortgage and real estate industry worries
The effect of the weakened oil industry has resulted in a collapse of Calgary’s condo market according to a new report.
Many new home buyers will be heading to mortgage lenders with a large input of cash from mom and dad.
The latest list of the world’s billionaires has been published by Forbes.com and this year there are more real estate billionaires.
The government made a pledge in the federal budget that brokers can’t afford to gloss over, cautions one industry vet, worried about the possibility of higher mortgage rates.
The verdict is still out for some, but many brokers are applauding the launch of a unified broker association being compared to the nation’s Realtor organization.
With dizzying growth in home prices and sales, analysts are addressing broker concerns about a possible crash in key real estate markets.
With average prices and home sales in some of Canada’s largest cities continuing to experience astronomical growth, many analysts are wondering just how long it will take for those markets to come crashing down.
Groups of Vancouver neighbours are teaming up in ‘assemblies’ in order to create attractive land parcels to sell to developers but according to the Vancouver Sun, the city council is being “selective” on its rezoning decisions.
Analysis by the Royal Bank of Canada shows that investors looking for long-term returns would be better off with REITs than condos.
The housing market in Calgary may have softened by a Toronto developer is committed to building a new two-tower residential development in the city.