Here are some of the stories that caught our eye this week: New high-tech waterfront community set to come to Toronto This week, Waterfront Toronto officially announced it’ll be partnering with Sidewalk Labs, a Google sister … Read More
housing bubble
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Here’s what caught our eye this week: UBS weighs in on Toronto’s housing bubble debate Global financial services company UBS released its Global Real Estate Bubble Index this week, and Toronto topped its list as the … Read More
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Here are some of the stories that caught our eye this week:
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The federal government doesn’t need to tighten mortgage lending conditions because “housing bubbles do not exist in Canada,” says a Mortgage Professionals Canada (MPC) report.
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The federal government will establish a working group to study the current state of Canada’s housing market and provide policy recommendations, Finance Minister Bill Morneau announced on Thursday.
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It’s no secret house prices are soaring in Toronto and Vancouver. We hear about it every day. I blog about it all the time. At last count, a single-family detached house in Vancouver averaged $2.23-million, and … Read More
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Just like the season of spring is for cleaning, fall is for organizing and re-focusing. With that in mind, we’ve rounded up our favourite articles from the month of October to share with you. Did you … Read More
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OSFI mulls mortgage rules changes – Vancouver Sun The Office of the Superintendent of Financial Institutions Canada (OSFI) is considering new regulations that would restrict banks from offering any mortgages in Canada with an amortization period … Read More
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Bank of Canada signals no rate hikes anytime soon – Financial Post On Wednesday morning, the Bank of Canada combined its usual interest rate announcement with the Monetary Policy Report, for the first time. The verdict: in … Read More
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Each week, Ratehub.ca delivers the Notable News. We compile and summarize the major headlines from Canada’s housing and mortgage market to keep you informed. This week, Finance Minister Jim Flaherty makes progress in cooling Toronto’s hot … Read More