News

Is the period of ultra low fixed rates in Canada already over?

Over the last week the bond market has shifted sharply higher and currently 5 years bond yield breaks 1.1%. Does it mean that ultra low fixed rates soon be a sign of the past? Let’s get back to what 5-year Government of Canada bond...
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Canada faces a wave of investment property purchases

Recently we’ve pointed out that  housing in Canada is quite a popular investment option. Now, we have one more proof that Canadian homeowners are actively buying investment properties. And the ones who are entering the market at the fastest pace, are those who already...
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CMHC calls Canada’s real estate market overheated and extremely vulnerable

The latest report by Canada Mortgage and Housing Corporation (CMHC) shows that a strong mix of real estate price growth, the on-going overvaluation, and stagnant labour incomes has led the national housing market to a high degree of vulnerability. “Such a high level of...
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Liberals are blamed for spending money on election instead of affordable housing

This time, federal election cost Canada almost $610 million. According to a broker Davelle Morrison of Bosley Real Estate Ltd., it would be better to spend the money on providing affordable housing. “Our government says they want to help people and make sure real...
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Canada is facing a housing construction boom, but not where it’s most needed

The recent report by the Royal Bank of Canada says the country is facing a record housing construction activity. However, it looks like Toronto isn’t in the midst of it. As you know, Canada has been dealing with the lack of housing supply for...
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