But the proposal may appear painful for landlords
The Canadian Real Estate Association released its August statistics, showing another decline in home sales.
Foreign home buyers can secure mortgages with some of Canada’s biggest lenders without proof of income according to an investigation by the Globe and Mail
Good news and bad news for homeowners; low interest rates are set to be around for a while but the Canadian economy is likely to remain sluggish
The value of residential land sales in Metro Vancouver has increased sharply in the past year with 550 transactions totalling $2.6 billion
The Canadian economy will improve in the second half of 2016 with a further boost in 2017 according to RBC Economics
Fewer home sales in Vancouver were not replicated across the province in August with sales rising 1.5 per cent from August 2015. The British Columbia Real Estate Association’s data shows that there were 8,945 sales in August
There could be a correction on the way for Vancouver with a price drop of up to 10 per cent
New study by TransUnion reveals that many Canadian households would be in financial trouble with a small interest rate increase.
The rise in Canadian home prices is only surpassed by two other countries according to analysis from Knight Frank.
Home sales in the southwest Ontario market of Grey Bruce Owen Sound hit a new high in August with real estate agents selling 358 units, up 36.6 per cent year-over-year