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Housing market skewed by handful of hot cities, Canada Guaranty CEO says

Balanced. That’s the way the head of one of Canada’s two private mortgage default insurers sees the housing market today.

A day doesn’t go by without some commentator or some media outlet suggesting the housing market is going to crash. 1,082 more words

Mortgages & Real Estate

How to fix Canada's Housing Market

According to a CBC report the average housing price numbers are somewhat skewed by the hot markets in Vancouver and Toronto.

While the headlines from the Canadian Real Estate Association may highlight the nearly seven per cent spike in the average price of a house over the past year, analysts say the real story is that for most of the country, the housing boom appears to be over. 482 more words

Randy Miller

June home sales at best pace since 2010: CREA

OTTAWA – The Canadian Real Estate Association says home sales in June rose to their best pace since March 2010.

The association says sales through its Multiple Listings Service were up 0.8 per cent from May. 106 more words

Canada

Canadian home sales rise 0.8% to highest level in four years

Canadian existing home sales in June reached their highest monthly level in more than four years as prices continued to rise in some of the country’s hotter markets. 564 more words

Breaking

Canadian Real Estate Association Updates Forecast For Remainder of 2014

The Canadian Real Estate Association has updated its national home sales forecast for 2014, altering it only slightly from what was predicted earlier this year. 188 more words

Canadian Real Estate Association

$7.4-million cottage shows Canada's housing boom is feeding surge in vacation homes

A cottage that sold for $7.4 million in Ontario’s Muskoka region highlights the increasing trend of younger, wealthier buyers investing in vacation spots as they profit from housing booms in major cities. 368 more words

Breaking

Canadian Real Estate Association Releases National Home Sales Stats For May

According to the latest release from the Canadian Real Estate Association, home sales across Canada rose by 5.9 per cent from April to May, while year over year in May sales were up by 4.8 per cent. 173 more words

Canadian Real Estate Association