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The verdict? The Stress test and higher interest rates are still impacting the market ... Read more
Single-detached activity largely affected the results for last month ... Read more
Are increasing sales and prices indicators of a healthy market? ... Read more
Condo prices saw double-digit gains in Toronto and Vancouver last year; this is in stark contrast to the single-digit gains seen in single-family detached homes Read more
OSFI’s revised mortgage underwriting guidelines are expected to reduce sales activity across the country, particularly in Toronto and Vancouver Read more
However, price growth will be less intense due to OSFI’s new stress test rules for home loan borrowers, according to Royal LePage Read more
An estimated 100,000 homebuyers who would have qualified for a mortgage for their preferred home this year would likely fail the stress test for a home loan of the same size next y ... Read more
They use this windfall to buy more expensive homes, according to a new report from Mustel Group and Sotheby’s International Realty Canada Read more
Baby boomers in Canada’s largest metro markets are gifting money to help relatives buy homes Read more
The country’s overheating housing markets and other factors are giving the Liberals cold feet Read more
Gifting funds to children will increase their down payment and reduce mortgage debt, according to real estate associations Read more
OSFI’s looming stress test and a surge in new home completions is forecasted to soften prices and demand Read more
The strategy will address a range of issues, including homelessness and real estate speculation Read more
Policies currently enforced or in the pipeline include a ban on foreigners owning houses and a tax on unoccupied homes Read more
Policymakers and real estate professionals acknowledge that foreign investment is straining affordability in the city Read more
The new housing strategy will see large parts of the city rezoned for single-family houses Read more
Residents in this income bracket appear to have been bypassed by the policies, analysts say Read more
Ambitious plans have been announced, but nothing concrete will be implemented until 2018 Read more
OSFI’s finalized stress test on uninsured mortgages will significantly impact the purchasing power of buyers Read more
Magda Popeanu, a member of Valérie Plante’s executive committee, will meet with tenants’ rights groups to discuss issues Read more
Experts say doing so will help you avoid disreputable developers Read more
Non-profit housing providers, municipalities, and property developers teamed up to create workable solutions Read more
Focus needs to be shifted towards housing affordability, and the right housing-related incentives should be created Read more
PEI formalizes its new Down Payment Assistance Program
By Kay Rivera |
15 Oct 2018