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Thursday, May 25th, 2017

How a homebuyers’ ‘bellwether’ is buoying optimism in Canada’s housing market

Genworth MI Canada Inc. and Home Capital Group Inc. reported profits that beat analysts’ estimates as low interest rates drive demand for Canadian homes. More than half of Canadians in a new survey are putting extra effort into repaying their mortgages — saving tens of thousands in interest payments. Find out more Genworth, the country’s […]

Even economists say they continue to be surprised by Canada’s housing market – Consult with a Vancouver Mortgage Broker

Record low interest rates have have forced Toronto-Dominion Bank to boost its forecast for the Canadian housing sector. 5 questions to help you decide whether to rent or buy a home Economist Diana Petramala said in an economic report that TD’s forecast in January was banking on an increase in interest rates that has not […]

Canadian real estate and housing boom may be ending, Scotiabank warns – Consult with a Vancouver Mortgage Broker

Canadian real estate and housing boom may be ending, Scotiabank warns ‘More subdued trajectory’ over coming years could impact jobs, renovation industry and consumer confidence, bank report warns. By: Susan Pigg Business Reporter, Published on Wed Apr 16 2014   Boom times are over for Canada’s housing sector and the impact of “a more subdued trajectory” will be […]

Canadians still pay 62% more for a home than in U.S – Consult with a Vancouver Mortgage Broker

Canadians still pay 62% more for a home than in U.S   MICHAEL BABAD – The Globe and Mail Follow Michael Babad and the Globe’s top business stories on Twitter. Canada-U.S. house price gap still wideThe price gap between homes in Canada and the United States remains “yawning” despite the changing fortunes of the two real […]

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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