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Canadian Real Estate: Home Compl…

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Tag Archives: Underwriters

Canadian Real Estate: Home Completions Moving at Lightning Speed

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The Canadian real estate market is one of the hottest in the world today. Despite the coronavirus pandemic affecting the G20 economy and leaving two million people out of work, the Canadian housing sector has been booming throughout the COVID-19 public health crisis. There have been many factors contributing to this impressive growth nation-wide: historically low interest rates, [&hellip…

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CMHC: Cost gap between owning and renting widens in Canada’s largest real estate markets

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The gap between the cost of owning and renting intensified in the nation’s major urban markets last year, according to data from Canada Mortgage and Housing Corporation. In its 2020 Rental Market Report, the Crown corporation said that in the most severe cases, urban carrying costs are now nearly double that of paying rent. Toronto, which [&hellip…

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