Canadian Mortgage Rules – Pushing Homebuyers to Risky Alternatives?

Are desperate homebuyers being pushed into sidestepping Canadian mortgage rules in favour of shadier methods of financing? Some Canadians may be having a harder time buying a home due to the change in mortgage rules last year. Now that the Bank of Canada has raised the overnight rate, and new…

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Ontario Liberals’ Announcement: Making Housing More Affordable

Ontario Liberals’ Announcement: Making Housing More Affordable

The Ontario housing market continues to be red-hot. House prices have increased significantly because of supply and demand challenges, often leading buyers to go above and beyond asking prices, engaging in bidding wars in an effort to find housing in a market that can’t seem to meet the demand. While…

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2016 Canadian Real Estate Market Recap – First Q

The first quarter of 2016 has closed so we thought, what better time to recap Canadian housing numbers? A good starting point is the Teranet – National Bank House Price Index™ (HPI). The Teranet National Bank House Price Index reports the rate of change of Canadian single-family home prices. We…

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