5 ways millennial couples can prepare for homeownership
While millennials make up a large portion of potential homebuyers, high prices, mortgage rules, and many other factors make it extremely difficult for them to realize their dream of homeownership.
Are baby boomers buying homes for their kids?
The latest report from credit specialist, TransUnion Canada, found that mortgage activity across Canada is slowing, but those aged 54 years and up are bucking the trend.
National housing starts trend drops in September, but increases in Toronto
The Canada Mortgage and Housing Corporation released its monthly housing starts figures for September 2018, reporting a trend decrease.
Home price growth slowing, but Toronto still at risk of price acceleration
The Canada Mortgage and Housing Corporation released its quarterly Housing Market Assessment, reporting that the country’s housing market is highly vulnerable for the eighth consecutive quarter.
Nearly 1 million people supported by Government of Canada’s investments in housing support
The Canada Mortgage and Housing Corporation recently announced that since 2016 nearly 1 million people across the country have benefitted from the federal government's investments in building more affordable housing.
CREA concerned about rising interest rates as we head into the fall market
The Canadian Real Estate Association released its monthly home sales figures for September 2018, reporting slight concern over rising interest rates and the mortgage stress test.
Non-residents own more than 7% of condo units in Toronto
The Canada Mortgage and Housing Corporation released its latest Housing Market Insight report, highlighting some new data gathered on non-resident homeownership in British Columbia, Ontario, and Nova Scotia.
Canadian housing starts trend upwards as Toronto construction takes a breather
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.
Canadian housing market to moderate in 2019 and 2020
The Canada Mortgage and Housing Corporation released its 2018 Housing Market Outlook, and it looks like moderation is the name of the game for the next two years.