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A new report shows how interest rates, government policy changes and a mortgage stress test contribute to the province’s cooling home market
November saw the city’s residential unit sales and prices decrease, while inventory increased compared to the same period last year ... Read more
A spike in the variable mortgage rate has weighed down a significant proportion of borrowers ... Read more
Housing starts also tracked upwards nationally ... Read more
The deadline has been extended beyond February 2 to early March Read more
When it comes to sales and house price growth, the two cities were polar opposites in January Read more
Property prices and the number of sales rose year-over-year Read more
The battle over sales histories will continue as the board seeks to appeal a lower court decision made in December Read more
The number of rejected loan applications made to traditional lenders has risen substantially since January 1 Read more
January saw strong demand and scarce listings strain affordability even further Read more
What’s so good about Québec City? Young adults are drawn to cities that provide quality employment and affordable housing, according to a new report Read more
Rents are high and the low vacancy rate makes finding suitable housing a serious challenge Read more
The tightening of the QIIP program is causing more investors to stay put and invest in Québec Read more
The city is in an ‘exploratory phase’ and is examining the impact of similar taxes on other cities Read more
The Greens want the provincial government to restrict speculation in the housing market Read more
The biggest increases were in apartments and condos Read more
New census data shows a clear link between the program and strained affordability in Vancouver and Toronto Read more
Those who fail to submit their declarations on time will incur a non-declaration penalty in addition to the tax Read more
Many Canadians aren’t sure if they’ll be impacted by OSFI’s new rules for uninsured mortgage borrowers Read more
The demand for housing in the region is too strong, with any lull in sales activity unlikely to last long Read more
Macquarie’s analysis takes into account five-year bond yields, household debt, and home-buying activity Read more
A strong local economy is also fueling an uptick in sales Read more
Among other things, financial experts are advising prospective homebuyers to clear their current debt and make adjustments to their home-buying plans Read more
Many homeowners don’t have to renew their mortgages until 2019, and those renewing this year will be locking in rates that are near historic lows Read more
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Increased interest rates take a toll on BC’s home sales
By Kay Rivera |
12 Dec 2018