CTV News Channel
Fast-growing housing prices have squeezed out many young buyers and some blame wealthy foreign investors.
Amid soaring real estate prices, a new petition is calling on British Columbia lawmakers to restrict foreign investment in Vancouver’s housing market.
The oil slump is sure to bruise Alberta's housing market, but don't expect real estate in the province to absorb another 1980s-style drubbing, says an internal federal government analysis.
A Vancouver home is raising eyebrows for its narrow size and gigantic price tag.
In a global tracking of housing prices, a prominent British publication says properties in Canada are overvalued by 35 per cent when compared with income and rent.
Low mortgage rates helped boost the number of Canadian home sales in March by 4.1 per cent compared with February, according to the Canadian Real Estate Association.
Mortgage insurer Genworth (TSX:MIC) is making changes to its underwriting practices in Alberta as it braces for an increase in delinquencies in the region.
Rock-bottom interest rates, a scarcity of supply and growing demand from millennials and wealthy immigrants have fuelled a strong start to the spring real estate season in Toronto and Vancouver.
Canada’s housing market could be headed for “a hard landing,” the International Monetary Fund says, warning that an “overheated housing market” and record-high household debt remain drags on the domestic economy.
Calgary realtors are waiting to see if a sobering trend emerges this spring after housing sales in the city took a steep dive last month.
The Canadian housing market is the most overvalued in the developed world, according to Deutsche Bank’s top international economist.