Ratesdotca says CMHC will release new rules for its First-Time Home Buyer Incentive (FTHBI) soon. The Corp. has added this overview to its official website, confirming this information. Although there’s no possibility yet to apply, CMHC says there will be an official announcement on this topic...

Growing real estate prices often mean that properties are being sold for a price exceeding the listed one significantly. As a result, potential buyers and real estate specialists can’t figure out what price to offer. Determining the right offer price becomes even more difficult...

According to the National Bank of Canada CEO Louis Vachon, Canada should address the issue of blind bidding in order to cool the real estate market. Moreover, it’s important to investigate broader pandemic caused factors pushing the prices higher. In his opinion, provincial and...

While Canada keeps showing a strong reliance on the real estate market as a driver of economic growth, Fidelity Investments Portfolio Manager David Wolf believes it’s better to search for value in other segments. According to him, all potential shocks to Canada’s overheated housing...

Canada’s central bank took the first and the strongest step by a developed economy to reduce the level of its monetary stimulus, supported by a faster-than-expected economic recovery from the pandemic. On Wednesday, the Bank of Canada Governor Tiff Macklem noted they would reduce...