Could this market be the next to implement a foreign buyer tax?
A Canadian debt company has warned that consumers have a too-laid-back attitude to borrowing money.
A new 80-storey development in Toronto will become Canada’s tallest building with the owner promising it will put the junction of Yonge and Bloor Streets “on the international map”.
It may be a controversial tactic, but one broker has admitted to using it to discourage clients from shopping for rate at the big banks.
The International Monetary Fund has suggested the Canadian government should tighten the lending rules for uninsured mortgages, which it believes are contributing to an overvalued housing market.
At least one economist is backing up the advice so many agents offer clients paralyzed by the kind of overvaluation fears stirred by an IMF report this week.
A report from the BMO economist Sal Guatieri suggests that the spring house buying season is already booming in Toronto and Vancouver.
RBC “feels good” about Canada’s housing market.
After six consecutive weeks of falling figures, consumer confidence turned slightly last week, at least at first glance.
Montreal’s planned reconstruction of Ste-Catherine St. must be done swiftly and with minimal disruption or its future as a major commercial artery in the city will be at risk.
The Real Estate Council of Alberta has announced an Alberta-based mortgage broker has had his license suspended for refusing to cooperate with an investigation.