The new home market continues to boom, despite efforts to slow down real estate in this one hot city
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The Canada Mortgage and Housing Corporation admits it has little knowledge of the level of foreign investment in the real estate market but insists that it’s not a problem.
The property transfer tax introduced in Vancouver in the 80s is out of date and adding an unfair burden on buyers.
Calgary is booming with the ever-growing population driving increased construction in the city.
New data from the National Association of Realtors shows that the market south of the border continues to strengthen.
One of the leading mortgage broker course providers announced Tuesday it is launching the non-profit Association of Mortgage Investment Professionals (AMIPROS) with the goal of providing higher standards and education to the private lending industry.
Brokers often call for more regulatory oversight to help weed out unethical professionals and one recent update from FSCO has been met with positive reactions. But some brokers believe more can be done in other areas of focus.
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Credit rating firm Moody’s says that Canada’s economy is in good shape; with a stable banking system and a near-balanced budget; but there is concern over the housing market.
The president of the Canada Mortgage and Housing Corporation says that they are not alarmed by high prices and insists that the market is robust.