Is Canada’s housing market finally starting to cool?

The Globe and Mail Fewer housing sales and more listings may bring some long-awaited balance to the Canadian housing market, says the latest report from the Canadian Real Estate Association. While home prices are still on the up, a drop in sales activity in June points to a possible chill in Canada’s housing market. Robert Hogue, a […]

New Mortgage Rules Kick In

Effective today, mortgage shoppers with less than 20% equity are subject to thenew mortgage rules announced recently by the government. These regulations will cut buying power and refinance ability for a minority of Canadians. If these changes shut you out of the market, and if renting is not appealing, you don’t have a ton of options. One […]

Canadians Deserve More Answers

Boris Bozic, CAAMP Chair and President/CEO of Merix Financial wrotethis about the latest mortgage rule changes: “…Stakeholders have every right to call out decision makers if there’s concerns that [mortgage rule changes] may have unintended consequences. We also have every right to ask decision makers to articulate, in a clear and cogent fashion, the rationale behind the decisions they made.” […]

Single ladies hooking up with homes

For an increasing number of women, there’s no better commitment than home ownership.Women may be putting off marriage, but they aren’t putting off what is usually a person’s single biggest purchase of their life. Gone are the days when a single woman would wait to find a significant other before laying down money on a […]

Mortgages: Nail the right term length the first time

Canadian Mortgage Trends editor Robert McLister kicks off his first in a weekly series of columns for the month for The Globe’s Home Buying sitewith this look on the best – and worst – mortgages terms out there. Finding a good mortgage rate online is a cinch. Anyone who has ever looked for rate comparison sites knows […]

Are you shopping for a home?

Are you trying to navigate Canada’s red-hot real estate market, sick of renting and on the prowl for a home to call your own? On May 1st, Globe Investor launched a new month-long Home Buying site, packed with stories, videos and expert opinions to help readers make what for many will be the biggest financial decision […]

Finding the right home, with or without Mr. Right

ANGELA SELF | Columnist profile Globe and Mail Update I have a single friend sitting on the fence between buying and renting. She’s financially ready to make the leap into homeownership, but hesitant about doing it solo in case she meets someone soon. Waiting for Mr. Right can derail a number of women’s homeownership plans, according to […]

Canadian real estate market a tale of two cities

ANDY HOFFMAN AND NICOLAS JOHNSON VANCOUVER AND TORONTO— From Tuesday’s Globe and Mail It’s a title Vancouver is more than happy to relinquish. Canada’s hottest real estate market is finally cooling off, new sales figures show, much to the relief of those who have grown weary of talk of a West Coast property bubble. At more […]

Pot houses never shake the ‘stigma’ of their grow-op pasts

By Jason van Rassel CALGARY — Realtors are pushing for air quality standards to fill a regulatory vacuum involving former marijuana grow-ops put up for sale. How to protect the health — and the investment — of homebuyers is just one of the issues delegates from the real-estate industry, civic authorities and law enforcement, will […]

What Canadians need to know about buying U.S. real estate

The financial crisis that began in 2007 with the breakdown of the U.S. residential mortgage market still persists for millions of Americans who have lost their houses, their jobs and all hope of a secure retirement. As a result, residential real estate prices in the hardest-hit areas such as California, Arizona, Nevada and Florida are […]

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