Rating agency seeks comments on proposed approach to analyzing the credit risk of Canadian non-insured mortgage pools
Elevated household debt has rendered economy more vulnerable to adverse shocks
Canadian and U.S. housing markets moving in opposite directions
Banking chiefs share their thoughts on housing and strategy
Declines in Ontario and British Columbia
Rising interest rates could cause further deterioration in affordability next year
Scotia expects average Canadian home prices will eventually decline by 10%
There are glimmers of improvement in the U.S. housing market, but the situation is uneven across the country and there may be setbacks in some regions, according to a recent report from Toronto-Dominion Bank’s economics department in Toronto. For example, prices have increased in both Arizona and Florida as a result of solid job growth […]
Moderate price increases of two to three per cent, are expected
Surge mainly due to more apartments, condos