Housing market Canada
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Canadians think home ownership is out of reach despite cooling prices: studyA new study conducted by CPA Canada finds that Canadians who don't own homes think homeownership remains far out of reach despite prices cooling slightly across the country.CanadaJun 1
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Canada’s plan to ease runaway housing prices could backfire on Trudeau: expertsAlarms are already ringing in Canada's construction industry, which is facing a dire shortage of workers and a retirement crisis, not to mention rising costs of raw materials.ConsumerMay 1
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63% of Canadian non-owners have ‘given up’ on ever buying a home: IpsosMore than 60 per cent of Canadians who don't already own a home have given up hope of ever breaking into the country's hot housing market, according to new Ipsos polling.MoneyApr 29
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Annual surtax of 0.2% on $1M+ homes could cool housing market: reportAn annual surtax of 0.2 percent on houses valued over $1 million could help reduce housing inequality and cool housing markets, a report says.CanadaJan 6
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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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New mortgage stress test rules will make it harder for first-time homebuyers: expertsThe new rules, which are set to come into effect June 1, ups the minimum qualifying rate, which is a gauge of whether borrowers can handle payments should rates increase.CanadaMay 23, 2021
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Canadian households are taking on too much debt, Bank of Canada warnsThe Bank of Canada says its concerns are mounting that households are piling on too much debt and posing what the central bank says is a key vulnerability to the economy.EconomyMay 20, 2021
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Canadian home sales surge 76% annually to record in MarchHome sales across the country amounted to 76,259 last month, up 76.2 per cent from 43,283 during the same period last year.MoneyApr 15, 2021
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Three ways Ottawa could cool the housing market in the federal budgetWhat can Ottawa do to tame runaway home prices? Three housing experts review possible policy curbs.MoneyApr 2, 2021
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