New Zealand bans foreigners from buying homes
New Zealand has banned most foreigners from buying homes in the country, in an effort to tackle runaway housing prices. Continue reading
Home prices
Canadians should ‘buy smaller’ homes in response to interest hike, Bank of Canada head says
As the Bank of Canada raised key interest rates to 1.5 per cent (up from 1.25 per cent) Wednesday morning, mortgage rates are already rising as well. Continue reading
Why aren’t home prices falling? Home sellers won’t have it
Despite dropping real estate sales, home affordability hasn’t improved since the new mortgage rules came into effect on Jan. 1. Continue reading
For $7M, you can own this fixer-upper home in Vancouver’s West End
The listing admits the home needs “a little TLC,” but promotes the potential for a laneway house to be built in the rear of the property. Continue reading
House prices in Saskatoon continue to drop: Royal LePage
A Royal LePage report says Saskatoon housing prices continued to slide during the fourth quarter of 2017. Continue reading
Your debt in 2018: The economic trends that could hit your pocketbook
Interest rate hikes, new mortgage rules and minimum wage increases could all impact Canadians’ debt burden. Continue reading
Housing prices continue to drop in Saskatoon: Royal Lepage
Royal LePage said housing prices in Saskatoon continued to drop during the third quarter of 2017. Continue reading
Canadian home prices in July down from a year ago, CREA says
The association says the average price for a home sold last month was $478,696, down 0.3 per cent from July 2016. Continue reading
Toronto now officially a buyers’ market, amid nationwide home sales slump: CREA report
Home prices, meanwhile, were virtually flat compared to a year ago. Continue reading
June home sales fall 6.7%, biggest monthly decline since 2010
The Canadian Real Estate Association says home sales last month dropped 6.7 per cent compared to May, the biggest monthly decline since June 2010. Continue reading
