Slower activity in oil-producing provinces will be partly offset by increased activity in B.C. and Ontario
If the trend continues, single detached homes in the two cities will only be available to wealthy households, states the bank’s report
North American home prices to rise in 2016
The national rise was driven by gains in Vancouver and Toronto
Toronto flagged for acceleration in home prices
Canadian home sales in September were down from August as some of the country’s hottest real estate markets saw sales cool, but prices continued to show strength. The Canadian Real Estate Association said Thursday that home sales in September through its Multiple Listing Service were down 2.1% compared with August. The drop came as the […]
Affordability declines in Toronto, Vancouver
Measures to tighten mortgage-lending rules have helped manage the associated risks
Demand for housing in B.C. and Ontario have offset declines in Alberta and Saskatchewan
A rapid increase in home prices this year and overvaluation are responsible for the high level of risk in Toronto