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Saturday, July 23rd, 2016

Canada house prices expected to rise further, fuelling fears of meltdown

The risk of a property market crash in Canada has not ebbed, according to an increasing number of analysts polled by Reuters who said chances of a steep fall in prices have increased in the past year. Still, the survey medians showed house prices will likely rise more than earlier expected at least until 2017, […]

Canadian housing market on brink of downturn: report – Ask a Vancouver Mortgage Broker

Canadian housing market on brink of downturn: report Economist David Madani is reviving a prediction he first made three years ago — that what now appears to be a soft landing for Canada’s real estate market is likely to take a turn for the worse. Economist David Madani is reviving a prediction he first made […]

What bubble? Canadians have their mortgage covered, study shows – Consult with a Vancouver Mortgage Broker

A new Conference Board of Canada study says there’s no housing bubble about to burst and maintains Canadian are having no trouble handling their debt even as it sits close to record levels. ‘Every man for himself’: Homebuyers’ top 5 bidding war stories One in three Canadians are willing to enter into a bidding war […]

First-time home buyers undeterred by mortgage rules, rates – Ask a Vancouver Mortgage Broker

Garry Marr |More from Garry Marr | @DustyWallet About two-thirds of first-time buyers say they’ll purchase a home as planned and are unaffected by new mortgage rules brought in by Ottawa a year ago, says a new survey. The findings come as the banks continue to increase long-term interest rates in the face of rising bond yields but […]

Even in a real estate slump, Canadians lured into bidding wars- Consult with a Vancouver Mortgage Broker

Garry Marr More from Garry Marr | @DustyWallet People still willing to jump into real estate bidding wars might want to ask themselves why they want to be part of such a buying frenzy in this softening market. Get ready condo flippers, Canada Revenue Agency is hunting you With the deadline for filing taxes this month, you might […]

Is Canada in a bubble? Housing experts face off

Welcome to the Great Debate. Each month, Globe Investor will invite two experts to debate one of the big questions facing the business and investing world. This month, we look at whether Canada is experiencing a housing bubble. Today, our debaters present their opening arguments defending and opposing the motion: Canada is experiencing a housing bubble. […]

Housing correction coming: Sharp or slow?

The Canadian housing market is due for a correction, but it will likely be a slow decline rather than a sharp drop, says a report from the Canadian Imperial Bank of Commerce. “While house prices are likely to adjust as interest rates eventually climb, the national pace of any correction is likely to be gradual,” […]

Surprise: Low interest rates seen sticking around

Interest rates have recently being going somewhere unexpected: down. At their trough last week, the yields on 10-year U.S. Treasuries, the benchmark North American rate, touched 3.11 per cent, the lowest level in six months and more than half a percentage point below their February peak. Yields on 10-year Government of Canada bonds have fallen, […]

Housing Booms North of the Border

Some Economists See Canada’s Market Ripe for a Correction, With Debt Rising to Worrisome Levels BY MONICA GUTSCHI AND DON CURREN TORONTO—As much of the U.S. housing market limps along, home prices north of the border are on a fresh tear, fired up in part by a borrowing binge that has sent Canadians‘ debt to […]


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