May 30th, 2019
The moderation of Canada’s housing market means reduced revenue for the Canada Mortgage and Housing Corporation. Its quarterly financial report for the first three months of 2019 reflects the reduced … [read more]
May 27th, 2019
In the run up to this week’s rate setting by the Bank of Canada, talk of a coming rate cut is creeping into the forecast. A recent Reuters poll of … [read more]
May 23rd, 2019
The Canadian credit market has grown but it appears that consumers are generally managing their debt well. The mortgage market continues to record a slower pace of growth although performance … [read more]
May 18th, 2019
The Bank of Canada released its review of the financial system Thursday and warned that it was important to remain vigilant to the risk of household indebtedness. The bank said … [read more]
May 7th, 2019
A new program the federal government has announced to subsidize first-time homebuyers isn’t likely to help the market but more likely to harm it. And not only is it not … [read more]
May 7th, 2019
Busy lives and the changing trends in how we get around is driving greater demand for homes close to good transit links. In a new survey released Tuesday, 28% of … [read more]
May 6th, 2019
The Fraser Valley continues to be a slower-than-usual housing market but there are some positives. Sales in April were down 19% year-over-year to 1,383, although that was an increase of … [read more]
May 2nd, 2019
Saturday & Sunday May, 4th & 5th from 2 pm to 4 pm Bouncy Castle, Lawn Games & Balloons Desserts & Refreshments Brand New Award Winning Homes Offering Luxury, Quality … [read more]
May 1st, 2019
The latest reading of Canada’s economy brings both good and bad news for the housing market. While growth slowed in February – to just 0.1% following a 0.3% rise in … [read more]
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