Could this market be the next to implement a foreign buyer tax?
One broker believes industry players will continue to be necessary when it comes to the mortgage industry.
Those operating in the commercial sector – and those interested in breaking in – should be directing clients to a specific property type.
The World’s biggest asset manager Laurence D. Fink says that buying a condo in Vancouver is a better investment than buying gold bullion.
Proceeds from real estate investments will be tax free under the new federal budget but there is a twist; the money will have to be donated to charity.
The Canadian Home Builders’ Association (CHBA) has welcomed the introduction of the Home Accessibility Tax Credit and the Public Transit Fund as measures that it expects will help support affordability and choice in housing for Canadians.
A report by Colliers International shows that the vacancy rate for offices in Montreal decreased in the first quarter of 2015.
Canada’s home sales have jumped by 4.1% from February to March, with the average housing price also rising but “slewed” by growth in Toronto and Vancouver.
Despite the record levels of household debt last quarter, Ottawa has showed that Canadians’ appetite demand for credit has stabilized, thanks to home ownership.
A reference to bulk insurance – and so access to conventional mortgages – was part of the 528-page federal budget tabled Tuesday.
Over two years of discussion has resulted in the formation of the Canadian Mortgage Brokers Association – a national group bringing together provincial players.