Canadian Housing Market
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Canadian cities unaffordable for young residents: reportAcross Canada, cities big and small have become unaffordable for young people to live in. Young people run up an average deficit of $750 a month living in cities.ConsumerJun 5
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Rate hike won’t take ‘too much steam’ out of Canada’s housing market, experts sayExperts say Canada's housing market will remain hot after an initial interest rate hike from the Bank of Canada, pointing to pent-up demand and low supply.MoneyMar 2
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Canada’s immigration boost could fuel hot housing market: expertsThe aim of the government fund is to create 100,000 new "middle-class" homes by 2024-25 and the cash will go to municipalities that show they can speed up construction.ConsumerDec 9, 2021
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Canada’s housing market hotter than ever — and investors are playing a big roleThe share of home purchases by buyers who already have multiple mortgages is rising, data shows.MoneyDec 3, 2021
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Rising interest rates will be ‘No. 1 issue’ for Canada’s housing market, economists sayInterest rates will eventually rise — that's the biggest risk facing the housing market, and perhaps the entire Canadian economy, some economists warn.MoneyJun 23, 2021
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What a developer’s plan to buy $1B in homes could mean for Canada’s housing marketThe plan has sparked concerns that corporate investors could deplete Canada's already tight stock of single-family homes while also eroding rental affordability.MoneyJun 15, 2021
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How to tame the housing wars: Why open bidding may not workBlind bidding often encourages aggressive offers to blow away the competition. But the auction-style bidding used in countries like Australia may not be the solution.MoneyJun 12, 2021
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‘Nowhere to go’: Canadian homebuyers without family help are running out of optionsBuying a home without help from the bank of mom and dad is becoming increasingly difficult for young people across Canada.MoneyMay 22, 2021
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In the pandemic housing craze, some sellers are left with nowhere to goHomeowners may be able to sell for top dollar but may not cash out as much as they think.CanadaMay 8, 2021
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Canada’s housing market showing ‘early signs’ of overheating, Bank of Canada warnsBank of Canada Governor Tiff Macklem says rising prices in particular for single-family homes are still a long way from the heated market the country observed about five years ago.MoneyFeb 24, 2021
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