Friday, 28 March 2014

Why the mortgage rate wars can rage more freely: No Flaherty, no Carney

TORONTO • Why did Bank of Montreal risk a (verbal) slap from Finance Minister Joe Oliver for daring to chop its five-year mortgage rate below 3%?

Tuesday, 25 March 2014

What bubble? Canadians have their mortgage covered, study shows

A new Conference Board of Canada study says there’s no housing bubble about to burst and maintains Canadian are having no trouble handling their debt even as it sits close to record levels.

Friday, 21 March 2014

Realtors say Canada’s housing market can still grow

Home sales and prices are expected to still grow over the next two years, albeit at a slower pace, says the national organization that represents realtors.

Wednesday, 19 March 2014

Jim Flaherty: Three ways the new finance minister might swerve from his script

With Jim Flaherty resigning Tuesday, market watchers are anxious to know who will replace the only Finance Minister to have served under Prime Minister Stephen Harper.

Friday, 14 March 2014

Fixed interest rates may be better choice than variable for home buyers amid possible hike: BMO

TORONTO — Longer-term fixed mortgage rates may soon be a better deal than variable rates for homebuyers, according to a new report by BMO Capital Markets.

Tuesday, 11 March 2014

Vancouver and Calgary home sales still climbing with prices up

Sales in Canada’s most expensive housing market were up sharply from a year ago and prices also continue to rise.

Monday, 10 March 2014

Miami see blistering start to 2014 with sales, prices and listings all up

Following three consecutive record sales years and more than two years of appreciation, the Miami real estate market began this year with strong sales, prices and new listings.

Wednesday, 5 March 2014

Bank of Canada keeps neutral view on 1% rate as growth quickens

Bank of Canada Governor Stephen Poloz kept his main interest rate unchanged and reiterated the next move depends on the progress of economic data after early signs of faster growth and inflation.