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Canada's housing market keeps getting hotter. The Teranet and National Bank Composite House Price Index, which covers 11 cities, rose by a seasonally adjusted 1.4% month-over-month in July. This was ...
In Toronto, sales were up a solid 7.7 per cent, according to TREB, the local real estate board, with gains across all home segments, including the closely watched condo market. Get weekly money news ...
Canada's real estate market is one of the hottest in the developed world. In Toronto, where prices rose 10 percent in March, the average detached house costs more than $600,000. But some worry ...
Canada's housing market has been red-hot. On a national level, home prices are up 14.22% versus a year ago and 76% since the world began to emerge from the global financial crisis in March 2009 ...
Canada’s housing market is crazy. It bears repeating: People spend years scrimping and saving for a down payment, and prices continue to rise. By the time a person is ready to buy, prices have risen ...
“The housing market is crazy high so even people making relatively good salaries have a hard time getting first mortgages.” He says he normally caps loans at about 80 per cent of the value.
When the price of oil enters one of its infamous multi-year plunges, the housing market fizzles. This time around, the price of oil started its collapse in mid-2014, and the House Price Index ...
Home prices in the U.S. have been skyrocketing since 2020, however, I often like to remind people that no matter how crazy home-price growth is in America, at least we aren’t Canada.
Canada's 5-yr mortgage rate dropped by 150 bps since last year; House prices on average up more than 30% since April 2020; Real household disposable income up by 2.3% since the pandemic ...
Canada’s housing costs are already among the highest in the world, driven, in part, by robust real estate markets in its largest cities, like Toronto and Vancouver, that have a global appeal.
(A construction worker building new homes in Calgary, Alberta.Todd Korol/Reuters) Canada's housing market keeps getting hotter. The Teranet and National Bank Composite House Price Index, which ...