GTA new condo sales slow, 10,000 to be delayed: Urbanation
Greater Toronto Area (GTA) new condominium sales totaled 6,792 units in the second quarter, declining 19% from the first quarter and 24% year-over-year but remaining above the 10-year average of 6,302 sales, according to Urbanation […]
Read More about GTA new condo sales slow, 10,000 to be delayed: UrbanationHome Prices See Steady Rise Across Canada in H1: CENTURY 21
A press release from CENTURY 21 Canada states that while interest rates have been on the rise for the past few months, the Canadian housing landscape continued to see pricing growth during the first six […]
Read More about Home Prices See Steady Rise Across Canada in H1: CENTURY 21Billions needed to prepare buildings for climate change
ALBERT GAZETTE Changing buildings to make them more weather resistant will save money and lives in the long run, says one expert. In the wake of another summer of extreme weather events, including another fire […]
Read More about Billions needed to prepare buildings for climate changeInterest rate hike like a ‘hammer to housing’: BMO senior economist
TORONTO – A BMO Capital Markets senior economist says the Bank of Canada’s recent move to increase its key interest rate is setting up the housing market for an even deeper correction next year. Robert Kavcic says […]
Read More about Interest rate hike like a ‘hammer to housing’: BMO senior economistU.S. Housing market chills as mortgage rates, prices scare buyers
NEW YORK (AP) – It’s the summer that cooled off the housing market. Rising mortgage rates have combined with already high home prices to discourage would-be buyers. Mortgage applications have declined sharply. Sales of previously […]
Read More about U.S. Housing market chills as mortgage rates, prices scare buyers