Category Archives: Canada

This Week’s Top Stories: Canadian Real Estate Strength To Fade & Supply Outpaced Population Growth

        Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian [...]

Lower property tax rates are softening the blow of exorbitant B.C. home prices

       B.C. cities boast property tax rates below 0.5%, significantly lower than other major Canadian cities    

Canadian Real Estate Market Strength Unlikely To Last: RBC

        Canadian real estate prices are back to surging after a correction that barely lasted [...]

Housing affordability will deteriorate unless we act soon: CMHC chief economist

       ‘I’m actually worried that affordability is going to deteriorate rather than improve’    

Canada’s average home price rises year over year, marking turning point in market

       Average home price hits $729,000 in May in first year-over-year gain in 12 months    

Canadian Households Dedicate A Record Share of Income To Debt Payments

        Canadians went on a record debt binge, and are now left with one of [...]

Oxford Properties Group acquires Banff’s Rimrock Resort Hotel

       Hospitality group Accor has signed with Oxford to operate the hotel    

Housing stock grew faster than population in Vancouver and Toronto, StatCan finds

       Adds a wrinkle to the national debate over housing affordability    

Canadian mortgage growth weakest in 20 years amid high interest rates

       Data also showed Canadians remain among the most indebted people in the world    

Canada’s Largest Real Estate Markets Saw Supply Outpace Population: Stat Can

        Canada’s national stats agency is pouring a bucket of ice water on the country’s [...]