Canadian Housing News Update

Google Alert - Canadian Housing News
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  NEW ITEMS (10):

Dozens of Montrealers left without homes after July 1 moving day frenzy

Published: 2019-07-02T21:56:15Z 

9 per cent according to the Canadian Mortgage and Housing Corporation and it's ... are single occupants, some are groups of adults," Sauvé told Global News. ... In a statement, a spokesperson for Quebec Housing Minister Andrée ...

As election nears, a quarter of Canadians live in cities where housing affordability is 'dreadful'

Published: 2019-07-02T18:33:45Z 

The good news on housing as we head into the second half of 2019 is that ... of Canada economists who produced their bank's most recent housing ...

Mortgage insurer Genworth Canada may be sold as US parent works on Chinese merger

Published: 2019-07-02T16:18:45Z 

Genworth wants to sell off its Canadian business largely to rid itself of ... At current prices, Genworth's Canadian business is worth about $3.6 billion, ...

One of the most severe housing crises in Canada is currently unfolding in an unexpected place ...

Published: 2019-07-02T15:45:00Z 

One of the most severe housing crises in Canada is currently unfolding in an ... In a rental market given over to bidding wars, Gallant says he only ...

GTA Housing Market Remains One of the Highest in Canada

Published: 2019-07-02T14:15:00Z 

Despite the slight improvements in the majority of housing markets across the country, Toronto (as well as Vancouver) remains extremely high.

Canadian Mortgage Debt Prints The Second Slowest May In At Least 3 Decades

Published: 2019-07-02T12:06:55Z 

Canadian mortgage debt reached a new all-time record high. ...... Demand for real estate is cooling across the country, but a few markets are still ...

Before the Bell: What every Canadian investor needs to know today

Published: 2019-07-02T11:48:45Z 

Before the Bell: What every Canadian investor needs to know today ... In company news, Dollarama is acquiring a 50.1-per-cent stake in the Latin American .... behind the federal government's Canada Mortgage and Housing Corp.

Debt servicing growing harder for more and more Canadians

Published: 2019-07-02T11:03:45Z 

Debt servicing growing harder for more and more Canadians ... A growing portion of Canadian households are finding it harder to service their ... who hold debts, around 11% missed or paid late their non-mortgage bills in 2018. ... Canadian markets likely to expect stronger consumer purchasing power.

First-time buyers should think twice about recreational properies

Published: 2019-07-02T07:07:30Z 

First-time home buyers eager to get into the housing market should think twice ... former president and CEO of Sotheby's International Realty Canada.

12% of Vancouver residents can afford to buy an average home, report finds

Published: 2019-06-27T18:45:00Z 

The real estate market may have seen a slowdown in B.C.'s major cities, but ... market is close to levels that ordinary Canadian households can afford.