These Cities Have the Highest Share of Homes Above $1 Million
Gone are the days when a house costing $1 million was considered a luxury. A recent analysis conducted by Point2, a real estate firm, focusing on the… Read more »
Equifax Canada: Delinquency Rates Rise Across Major Canadian Cities
In another sign of financial strain faced by Canadians, Equifax Canada’s Market Pulse report for Q4 2023 reveals an upward trend in credit delinquencies. Non-mortgage delinquencies have… Read more »
Canadian Cities Where Detached Homes Are Available Below National Average
It is no secret that single-family homes in Canada’s major cities command more than 1 million dollars and remain unattainable to those wishing to enter the housing… Read more »
Canadian Cities Where People Earning Median Household Income Can Afford to Buy a House
With the high price of houses and high mortgage rates, buying a home is a challenge for many in Canada. Zoocasa, a full-service brokerage, analyzed 20 cities… Read more »
B.C. Now Has a 3 Day Protection Period For Homebuyers
British Columbia is now Canada’s first province to require a three-business-day period which will allow homebuyers more time to secure financing or arrange home inspections. The homebuyer… Read more »
Hamilton, Moncton Becoming Highly Vulnerable to Housing Bubble, CMHC Says
Canada Mortgage and Housing Corp. says the jumping home prices seen in many cities this summer and fall was beyond what could be justified by Canadian income levels and population growth.
May Home Sales up Compared With April, but Still Well Below Year-Ago Level
The Canadian Real Estate Association says home sales in May regained some of the ground they lost when they hit a record low in April, but remained… Read more »