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Reopening of borders may fuel a fresh round of Canadian real estate madness New arrivals may further stress Canada’s already tight housing markets Article content Just when you thought you could catch a break from pandemic-fuelled housing madness, experts are predicting the reopening of the U.S.-Canada border, and Canada’s commitment to boost immigration, could fuel [&hellip…
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Buying vs. Renting: Homeowners Come Out Ahead, Study Says Despite higher home prices and larger mortgages, monthly housing costs are currently lower for homeowners—on average—compared to renters. In fact, in the second quarter of this year, homeowners paid on average $769 less per month compared to renting an equivalent dwelling, according to a new survey [&hellip…
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Canada’s housing market overheated, highly vulnerable – CMHC The federal agency has issued its highest risk rating for the country’s housing sector A potent combination of factors including home price growth acceleration continued overvaluation, and stagnant labour incomes has introduced a high degree of vulnerability in the Canadian housing market, according to Canada Mortgage and [&hellip…
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