Housing prices are considered high in the Greater Toronto Area, and many of the professionals in the industry blame the lack of supply. Turns out that’s not how homebuyers see it.
If you’re a first-time buyer in Canada, you’ve likely been waiting for details on the federal government’s First-Time Home Buyer Incentive program. Well, the details are here, including a start date.
New home sales may be picking up steam this spring, but residential construction slowed down slightly across the country.
Would you pay more for a condo unit because it has an extra bedroom, even if the square footage was the same as a unit with fewer bedrooms?
There’s a mortgage stress test duel underway, and the weapons of choice are reports and open letters. Who will win?
Is it true that the mortgage stress test doesn’t really have unintended consequences? That’s what Evan Siddall, the president and CEO of Canada Mortgage and Housing Corporation, believes.
Since late 2015, the mortgage delinquency rate among 65+ mortgage holders has been on the rise and the highest among all age groups, says the Mortgage and Consumer Credit Trends report by CMHC.
Hamilton will soon be home to Canada’s first-ever residential tower retrofit that meets Passive House standards, surpassing Ontario’s building code in energy efficiency by leaps and bounds.
The Canada Mortgage and Housing Corporation released its monthly housing starts figures for April 2019, reporting an upwards trend due to strong multi-unit starts.
In the Canada Mortgage and Housing Corporation’s quarterly Housing Market Assessment, the overall condition of Canada’s housing market moved from high risk to moderate risk, mostly due to an easing of price acceleration.
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