But the mortgage stress test is still challenging buyers
Official in Toronto say that enforcing a tax on vacant homes may be difficult and another solution may be better
There is little evidence of a speculative bubble or the kind of influx of foreign investors that could create a bubble in these cities
Market conditions suggest the sharp decline in sales will soon negatively impact Toronto’s house prices
Three British Columbia residents and two mortgage investment corporations have been accused of committing fraud by the BC Securities Commission
Tax cheats discovered in audits by the Canada Revenue received penalties of $17 million between April 2015 and March 2017
Canadians are more likely to say that their finances are healthy in 2017 than they did last year
Some economists are forecasting a rate hike in October, but see the possibility of a rate hike as soon as next month
The province’s delinquency rate contrasts sharply with its average mortgage payment, which is the lowest in Canada
Alberta will see the largest percentage increase in Canadian home sales in 2017 but will remain below the 10-year average for the province
Canadian consumers have far higher opinions of real estate professionals than they do in their lawmakers and those that run businesses