News

18 July 2019

Canadian and Chinese consumers are among the most popular foreign home buyers in the U.S. Canadians are still among main buyers of residential homes in the United States. Moreover, Canadians bought as many properties there as the Chinese, although they tend to focus on the less...
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17 July 2019

Alternative lending becomes more popular In 2018, Canada saw a growing number of borrowers addressing alternative lenders. Meanwhile, new mortgage growth was the slowest in more than a quarter of a century, pushed down by government interventions aimed at cooling the real estate market. The recent...
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16 July 2019

Only one market in Canada shows an average home price above $1 million Oakville–Milton in the GTA is the only real estate market showing an average home price exceeding $1-million mark. A benchmark housing price here reached $1,008,600 last month, showing a 3% annual gain, says...
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15 July 2019

Canada saw a home sales increase in June According to the recent report by the Canadian Real Estate Association (CREA), home sales rose by 0.3% in June annually, with gains in Toronto and Montreal offsetting decreases in British Columbia. Meanwhile, a month-over-month comparison shows a 0.2%...
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12 July 2019

Should we expect a rate cut in Canada? According to many specialists, although we didn’t see a rate cut this week, the chances for it later this year are rising. “In case we look only at the national factors, we may believe the central bank could...
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