Tuesday, 20 August 2013

Canadian home prices hit all-time high in July

Canadian home prices rose in July from June to an all-time high, but the modest monthly gain suggests the robust housing market may be cooling again, according to data from the Teranet-National Bank Composite House Price Index on Wednesday.

Monday, 19 August 2013

Benjamin Tal: Don't bet on price appreciation

Investors crossing their fingers and hoping for price appreciation may increasingly strike out, according to CIBC’s leading economist, suggesting the housing market no longer supports flipping.

Friday, 16 August 2013

CMHC Housing Market Outlook for British Columbia in 2013 and 2014

According to Canada Mortgage and Housing Corporation's (CMHC) Third Quarter Housing Market Outlook British Columbia Highlights report, housing starts in British Columbia are forecast to total 27,100 homes in 2013 and 28,600 homes in 2014.

Wednesday, 7 August 2013

Ottawa’s latest housing crackdown has some wondering — why now?

The latest tightening of mortgage rules might come down to a couple of thousand dollars for the average Canadian consumer but that still has many wondering why Ottawa is cracking down once again on housing.

Thursday, 1 August 2013

Summer: Time For Teaching Your Kids About Money

For many children, summer holidays mean the chance to earn and spend summer cash. This article will look at how to get the most out of your child's summer cash by sneaking a few financial lessons into the spending spree.