Young Canadians face more challenges when it comes to buying their first home than their Baby Boomer parents did in decades past, a new poll from TD Canada Trust suggests. 365 more words
Tags » Canada Housing
The average Canadian homeowner doesn’t think they’ll be mortgage-free until they’re 57 — two years longer than what they expected last year, a survey by CIBC suggests. 372 more words
Warnings of an impending housing slowdown and dramatic price decreases across Canada are widespread by now. But that’s not stopping real estate giant Royal LePage from swimming against the tide of popular opinion. 1,118 more words
TORONTO — Average prices for three common types of housing were up year-over-year in most Canadian markets in the first quarter, national real estate company Royal LePage said Thursday. 389 more words
Canada avoided many of the mistakes that the U.S. made in its housing market.
Banking regulations and lending standards have been much tighter, and that has prevented prices from getting completely out of control. 1,192 more words
Organized real estate is unable, it seems, to admit the glory days may be behind it.
Sales plummet in major markets and the industry comes up with a new explanation for the decline, draping its comments with a sense that everything is just fine. 747 more words
The Canadian real estate industry is in a tight spot these days.
With home-ownership rates headed for record levels and the federal government tightening lending rules to cool the market, the question now is whether we have reached the saturation point. 858 more words