Tags » Housing Bubble

Big 3 cities drive Canada's still-hot housing market in September

Canada’s closely watched housing market continues to post higher-than-expected sales and price gains this fall, but increasingly, the bulk of gains are accruing in just three places: Vancouver, Calgary and Toronto. 503 more words

Money

Ottawa says tax breaks on way for 'hardworking families'

The Harper government is gearing up for tax breaks aimed at “hardworking Canadian families” and those breaks could be announced within weeks.

Finance Minister Joe Oliver said Tuesday that Ottawa remains on track to generate a surplus of cash collected through taxes and other revenues, and that excess cash will be used in part to cut taxes. 346 more words

Money

Canada's housing boom comes down to just 3 cities

Young immigrants and boomer echo children who hold good jobs and are able to tap extraordinarily low interest rates are what’s currently behind the country’s housing boom. 658 more words

Money

Is the housing bubble set to burst? Yes, says author

 Watch above: Hilliard Macbeth is predicting a 50 per cent drop in housing prices within a year

SASKATOON – Real estate values in Canada are going to crash, according to a new book. 402 more words

Money

Housing bubble in parts of Finland? Yle Housing -edition

I thought recent statistics showed that at least in terms of total housing prices outside the Greater Helsinki area showed real signs of decline. It seems like the Finnish housing bubble is slowly deflating. 744 more words

Eurocrisis

Has Toronto’s record condo boom ended (with a thud)?

Construction intentions for new condos in Toronto fell off a cliff in August, data showed earlier this week.

That was followed a day later by additional data showing the number of “starts,” or actual shovels hitting the ground to begin construction on tower units, has similarly deflated to a four and-a-half-year low. 425 more words

Money

Condo building intentions take 'massive' plunge, led by Toronto

Building intentions for new condos plunged in August in a sign that the record boom in high-rise residential towers in several major markets – notably Toronto – may have begun to fade. 250 more words

Money