The federal government is taking three more steps along the road to reducing taxpayer exposure to potential risks in the housing market. The finance minister’s announcement that bigger down payments will be needed for homes costing between $500,000 and $1…
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Canada Mortgage and Housing Corporation has made another attempt to tally the level of foreign ownership in the country’s real estate market. Unfortunately its latest Housing Market Insight report is fraught with the same deficiencies as the first one, a…
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Things that are going up in value almost always appear to be overpriced. Real estate, fine art and start up investments have something in common: the good ones always seem too expensive when we have a chance to buy them.…
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Interest rates remain squarely in the crosshairs of market watchers. The latest, very weak, GDP numbers have even casual observers perking up over the prospect of another Bank of Canada rate cut. The 0.6% contraction in first quarter GDP is…
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The latest round of economic data has real-estate watchers returning their focus to interest rates. Activity in the bond market and the latest employment numbers are fueling predictions there will be a bump in fixed-rate borrowing costs in the near…
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