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Industry News

Vancouver’s luxury homes market could continue to cool next year

Vancouver’s luxury homes market could continue to cool next year

  • Dec 14, 2017

The drive to increase the Property Transfer Tax, on top of the luxury tax imposed by the previous provincial government, could drive away more buyers


Should You List Your Home for Sale in January?

Should You List Your Home for Sale in January?

  • Dec 14, 2017

If circumstances require you to sell your home in January, it doesn’t mean you need to take a desperate tack – in fact, you may actually get more for your home


How the stress test will impact different segments of the mortgage market

How the stress test will impact different segments of the mortgage market

  • Dec 13, 2017

An estimated 100,000 homebuyers who would have qualified for a mortgage for their preferred home this year would likely fail the stress test for a home loan of the same size next year


Children of affluent parents are more likely to receive a ‘living inheritance’

Children of affluent parents are more likely to receive a ‘living inheritance’

  • Dec 13, 2017

They use this windfall to buy more expensive homes, according to a new report from Mustel Group and Sotheby’s International Realty Canada


The median net worth of Canadian families has risen

The median net worth of Canadian families has risen

  • Dec 12, 2017

Growth is largely attributable to the rising value of homes, according to new data from Statistics Canada. However, homes are also still a major source of debt for Canadians.


CMHC: Housing starts gather momentum in November

CMHC: Housing starts gather momentum in November

  • Dec 12, 2017

Housing construction remains resilient despite the introduction of regulatory measures and interest rate hikes, according to Canada Mortgage and Housing Corporation


November was a strong month for condo sales in the Montréal area

November was a strong month for condo sales in the Montréal area

  • Dec 11, 2017

The oversupply evident in the market two years ago has been completely absorbed


Why Metro Vancouver homeowners shouldn’t take on additional debt

Why Metro Vancouver homeowners shouldn’t take on additional debt

  • Dec 11, 2017

Despite the high value of real estate, homeowners could place themselves at risk, warns a credit counselor