Great Canadian Housing Boom
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B.C., Ontario housing markets stay ‘flaming hot’ as rest of Canada coolsHousing markets in B.C.’s Lower Mainland as well as in Southern Ontario continue to post substantial jumps in average prices, new data shows, as worries persist about a potential bubble.CanadaMar 15, 2016
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The Toronto condo bust that wasn’tWarnings of “an abrupt correction in prices" in Toronto's condo market have been proven wrong so far. A surge in units has been “readily absorbed for the most part."CanadaMar 7, 2016
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Have high home prices stalled your ownership dream – or scrapped it?Stalled or scrapped ownership dreams: It's a reality confronting more buyers in the Toronto and Vancouver areas this spring as prices spiral higher and higher.CanadaFeb 29, 2016
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Home costs would gobble up every cent of income for most in Vancouver“Rapid price increases” in the last year have “further exacerbated already poor affordability conditions,” RBC Economics report says.CanadaFeb 29, 2016
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Worries over soaring housing costs not confined to Vancouver, Toronto: pollThe high cost of housing is not only a concern for people living in Toronto and Vancouver, but for most Canadians residing in urban cities across the country, according to a new poll.ConsumerFeb 26, 2016
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The biggest threat to Canada isn’t plunging oil – it’s debtThe biggest danger for the country’s increasingly fragile economy isn’t plunging oil prices, or the threat of a housing bust in Vancouver or Toronto.CanadaFeb 24, 2016
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Canada’s fastest cooling housing markets? ‘Any city or region exposed to oil’Blaring headlines about blistering price gains in Toronto and Vancouver are grabbing headlines, but the situation outside of those major regions differs sharply these days.CanadaFeb 17, 2016
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Surging house prices in Vancouver and Toronto raising risk of ‘deeper’ correction: TDThe skyrocketing cost of houses in the burning-hot markets of Vancouver and Toronto is ratcheting up the odds of a steep correction and could lead to "payback" in the months ahead, TD Economics warns.CanadaFeb 16, 2016
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Vancouver housing prices jump over 30%; Toronto also sees spike'Hot doesn’t quite describe Vancouver’s three-alarm fire of a housing market.' Yet the sentiment could apply to much of British Columbia in January.CanadaFeb 16, 2016
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New mortgage rules are about to hit first-time buyers in hot housing marketsChanges coming into effect Feb. 15 will raise bar on homeownership "quite materially" in some key markets. "Especially for first-time buyers."CanadaFeb 11, 2016
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