Focus
Canadian housing
Canada’s Housing Market Will Slow ‘Modestly’ in 2016, Says RBC
Activity in Canada’s real estate market will slow “modestly” next year as interest rates begin to rise
A Big Year Ahead for Empire Communities
Empire Communities has a full slate of developments across the GTA and beyond as it heads into 2015.
CMHC Reports Higher First Quarter Profit
Canada Mortgage and Housing Corp. said on May 30 an improving economy helped it earn $406 million in its latest quarter, up seven percent from a year ago.
Housing Affordability in Canada Deteriorates, But Not Yet Problematic
It’s becoming increasingly difficult for families to own a home in Canada and affordability is only expected to get worse going forward, according to the Royal Bank of Canada.
With house prices continuing to rise, RBC said its affordability index deteriorated in the first quarter of this year—the third quarter that has happened out of the last four—with the deterioration particularly acute in the hot markets of Toronto, Calgary, and Vancouver.
