Which Canadian province shows the highest HELOC debt level? According to Canada Mortgage and Housing Corporation (CMHC), the highest debt level on home equity lines of credit (HELOC) was seen in British Columbia during the first quarter of 2018. CMHC’s report, based on Equifax data, says...

Homeowners' data found leaked, TREB CEO says The Toronto Real Estate Board is implementing the online access to home sales data, following the Competition Bureau's demand to provide it on realtors' password-protected websites. However, there are still certain concerns over the privacy issue. After the Supreme...

Conference Board doesn’t expect a sharp market correction Canada’s economy is expected to outpace the earlier outlook by the Conference Board of Canada, as it predicts now a 2% growth this year, which is by 0.2% higher than in its previous forecast. At the same time,...

OECD says a housing correction may be possible In case NAFTA negotiations fail or inflation in Canada exceeds the necessary level, it could affect the real estate market negatively and cause a potential correction, says OECD in its updated outlook. The report now predicts a 3.7%...

Housing sales keep growing for the fourth month in a row, though national prices remain almost unchanged Last month, Canada’s real estate market showed a higher activity following a weak start of the year. However, national home prices were only slightly up annually. According to the...