Purchasing real estate has long been considered a wise and secure investment. And with the wealth of the world’s richest growing and a boom in demand for high-end housing, the luxury sector has become increasingly attractive. … Read More
Canadian real estate
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Here are some of the stories that caught our eye this week:
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Affordability in Canada is a hot-button issue in several housing markets across the country. Property prices increase and affordability decreases as the population flocks to major urban centres. For instance, the Greater Toronto Area’s population is … Read More
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In a recent survey, Point2 Homes asked 29,000 people from nine countries about the sizes of their actual and ideal homes. The survey revealed that Canadians have the third-largest homes. Compared to the other surveyed countries, … Read More
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Canadians have a tough decision to make when considering buying real estate as home prices are generally rising at a steady rate and mortgage rules have become tougher.
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It certainly hasn’t been a slow start to 2017. As a new U.S. president takes office, the Brexit’s aftermath unfolds, and Canada’s housing market continues to scorch, the coming year promises to be full of changes … Read More
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Canada’s housing market is a hot topic of conversation. It was also one of the topics at the 2016 Canadian Personal Finance Conference.
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Financial Literacy Month, held every November, is about helping Canadians become savvier with money. This past weekend, the fifth annual Canadian Personal Finance Conference brought together both established and up-and-coming authors, bloggers, entrepreneurs, and experts to … Read More
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The Canada Mortgage and Housing Corporation (CMHC) has issued a red warning for the country’s housing market, raising its overall risk rating to strong from moderate as house prices climbed faster than income and population growth.
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Pressure has been mounting on the federal government to take action against rising home prices caused by foreign investment—and earlier this week it did just that, with a new measure that limits tax incentives for out-of-country … Read More