Housing Boom
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New amenities for Kelowna neighbourhood booming with home developmentPart of that plan included a shopping centre, which is now coming to life with two major tenants now operational including a recently-opened Save-On-Foods store.CanadaJun 20, 2024
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How will Canada’s housing bubble impact first-time buyers? A financial expert breaks it downFinance expert Preet Banarjee chats with 'The Morning Show' about Canada’s real-estate boom and how housing prices will impact first-time buyers.LifestyleApr 9, 2021
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The pandemic housing craze is fuelling another boom: reverse mortgagesLow interest rates and soaring home prices are driving new demand for reverse mortgages, lenders say.MoneyJan 30, 2021
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Cavan Monaghan community centre groundbreaking signals larger growthGround breaking for new Cavan Monaghan Community Centre signals future growth potential for township. The centre should be completed by August 2019.EconomyJun 18, 2018
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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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Canada’s housing correction is ‘already happening’ say expertsPrices are falling in one group of cities yet continue to post blistering gains elsewhere. 'The real estate correction is already happening – just not where most expected.'CanadaJan 25, 2016
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Cash crunch ‘inevitable’ for Canadian households deep in debt: reportFar from pulling back, Canadian households are borrowing at the fastest pace in more than two years, RBC says. A debt wall is likely approaching for some.CanadaSep 2, 2015
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Homes getting more affordable everywhere but Vancouver, Toronto: RBCAffordability is improving in most cities across the country, yet it continues to worsen in Canada's two least affordable housing markets, RBC says.CanadaAug 31, 2015
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Bank of Canada deputy says house prices have increased debt, but risks well managedRising home prices have increased household debt levels, but steps taken by regulators to tighten mortgage lending rules have helped manage the associated risks, according to the Bank of Canada.CanadaAug 25, 2015
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Soft landing for housing market amid gradual rise in rates: RBCBank report says Canada's real estate market will 'slow down modestly' next year as borrowing rates begin to tick higher.CanadaAug 19, 2015
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