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Bank of Canada to hold fire on interest rates next week: poll
Thursday, February 26, 2015
The Bank of Canada will likely hold interest rates steady next week as it waits to see how last month's surprise cut is absorbed by the economy, though analysts expect the central bank to lower rates once more by mid-year, a Reuters poll found.
Why investors shouldn't care about home prices
Monday, February 23, 2015
When determining a house's affordability or potential value as an income property, investors will likely bee-line to the price tag, but it’s actually the month-to-month expenses that you should be considering.
Toronto home prices up 10 per cent
Wednesday, February 18, 2015
The average selling price for a house in Toronto for the first half of February 2015 was $602,110, a 10.3 per cent increase compared to the average reported for the same period in 2014.
Why foreign-owned condos really are a problem
Tuesday, February 17, 2015
Homeowners recently sighed with relief when a recent Canada Mortgage and Housing Corporation study found that the percentage of foreign-owned condos in Canada’s biggest cities is typically less than 2.5%.
Don't assume you'll inherit that house
Thursday, February 12, 2015
A will naming you as the sole beneficiary should protect you
Toronto leads gains in new home prices, while Calgary market declines
Thursday, February 12, 2015
Canadian new home prices rose 0.1% in December from the previous month, led by gains in the nation’s largest city, government figures showed.
Canadian housing starts unexpectedly gain in January
Monday, February 9, 2015
OTTAWA (Reuters) - Homebuilders broke new ground on more Canadian homes than expected last month, lifted by an increase in starts on multi-unit buildings, data showed on Monday.
CMHC Housing Outlook Sees Market Slowing Down This Year
Friday, February 6, 2015
OTTAWA - The Canada Mortgage and Housing Corp. says it expects housing starts in 2015 will dip slightly compared with last year, but remain broadly in line with economic and demographic trends.
Low rates seen fuelling Toronto’s surging housing market as Alberta markets stall
Wednesday, February 4, 2015
The Alberta housing slump picked up steam last month but new data from Toronto and Vancouver shows falling oil prices are having little impact on sales in Canada’s two most expensive cities. While sales in Calgary and Edmonton are plummeting, Toronto home prices are up almost 5%, with realtors predicting more increases to come amid near record-low interest rates.
BuzzBuzzHome: Here's How Much Mortgage Debt And Home Values Have Surged In Each Province
Tuesday, February 3, 2015
Households in Canada’s two most western provinces have the highest averages for mortgage debts on principal residences. According to newly updated provincial data from Statistics Canada, the amount of mortgage debt averaged $241,800 for BC households while Alberta followed with an average of $205,200.
CIBC expects another rate cut in March despite weak loonie
Friday, January 30, 2015
A forecast from CIBC World Markets predicts that the bank of Canada will make a further 0.25 per cent cut to interest rates in March despite the current weakness of the Canadian dollar.
No moves planned by finance minister
Monday, January 26, 2015
Finance Minister Joe Oliver has said he will not interfere with the housing market – or force banks to lower their interest rates, despite the Bank of Canada’s announced rate cut.
Home Prices To Fall In 8 Provinces Amid 'Sharp Widening' Of Canada's Economic Gap: TD Bank
Monday, January 26, 2015
TD Bank sees house prices coming down in all but Canada’s two hottest markets this year, with falling oil prices taking an especially large bite out of the housing markets in energy producing regions.
Bank of Canada cuts its key interest to 0.75 per cent
Wednesday, January 21, 2015
OTTAWA - The looming threat of sliding oil prices forced the Bank of Canada to drop its trend-setting interest rate Wednesday, a surprising move that shows just how much the country's economic outlook has soured in a matter of months.
Mortgage rates to decline following central bank's rate cut: economists
Wednesday, January 21, 2015
TORONTO - Canadian homeowners have likely gained a reprieve from an expected increase in mortgage rates this year.
GTA rich get richer on surge of record multi-million dollar home sales
Wednesday, January 21, 2015
Canada’s housing market may be overvalued but that doesn’t seem to bother Toronto’s wealthiest.
Vancouver's housing market among least affordable: international survey
Tuesday, January 20, 2015
TORONTO - Vancouver has been ranked among the most unaffordable real estate markets in a recent international report, leaving economists concerned about the potential impacts of rising mortgage rates on the city's homeowners.
Where immigrants settled in the GTA
Tuesday, January 20, 2015
According to the StatsCan data, 2.4 million immigrants have made the GTA their home since before 1941. The maps confirm for the first time what we’ve known anecdotally for years — that the GTA is home to the world.
GTA home ownership, rent getting less affordable for more people
Tuesday, January 20, 2015
A decade-long housing boom that brought considerable economic benefits to the GTA belies a number of problems in the marketplace, including less affordability for more people, according to a TD Economics report released Monday.
GTA housing affordability falling; ‘we’re not far behind New York’
Monday, January 19, 2015
The GTA is fast becoming the New York of the north and even if house prices cool over the next few years, relief will be “modest,” at best, for beleaguered homebuyers, says TD Economics in a report released Monday.

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