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Monday, June 23, 2014

Canada Housing in 3-Month Holding Pattern

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Bank of Canada governor Stephen Poloz still believes the housing market is due for a soft landing but warns: Look out if it crashes. The c...
Monday, January 20, 2014

ROYAL BANK CUTS MORTGAGE RATES

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RBC is now cutting its two-, three-, four– and five-year fixed mortgage rates each by 10 basis points. In an emailed statement, the bank sa...
Saturday, November 30, 2013

TORONTO REAL ESTATE MARKET In 2014

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   Toronto's housing market will remain stable next year, according to Ed Heese, Canada Mortgage and Housing Corporation's (CMHC) S...
Monday, November 4, 2013

CMHC changed forecasts for housing starts in Canada for 2013, 2014

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Canada Mortgage and Housing Corp. has tweaked its 2013 and 2014 forecasts for housing starts. CMHC now expects slightly more housing star...
Monday, September 16, 2013

HOUSING STARTS DECLINE IN AUGUST BUT SALES ARE UP

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Housing starts in Canada were trending at 180,291 units in August compared to 193,021 in July, according to the Canada Mortgage and Housing...
Monday, August 26, 2013

NEW MORTGAGE RATES. August 2013

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TERM POSTED OUR RATES * 6 Month 4.00% 3.95% 1 Year 3.09% 2.79% 2 Year 3.14% 2.69% 3 Year 3.65% 2.99% 4 Year 4.54% 3.09% 5 Year 5.14% ...
Tuesday, August 20, 2013

CANADIAN HOME PRICES IN JULY 2013

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The Globe and Mail report says, that home prices in Canada increased in July, reaching a record high, but the slower monthly growth in pr...