The credit-rating agency continues to view the Canadian housing market as approximately 20% overvalued
Housing activity is proving to be the bright spot amid a string of weaker-than-expected economic indicators
Prices should avoid a significant crash
New starts and building permits up, says CMHC
Significant boost to supply could present a problem for continued price growth
40% of the first-time buyers say they couldn’t afford a home without financial help from family
Home prices forecast to rise close to 5% annually
Extreme cold and severe snow storms bite into construction
There have been concerns that there are too many condominium buildings going up in the Greater Toronto Area (GTA), which potentially could lead to a collapse in condo prices. This risk seemed to be confirmed by a 699-unit increase in vacant condo units to 1,644 units in the GTA in January, the highest level of […]
Expected slowing in energy dependent regions failed to materialize