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Real Estate News

CMHC preparing for pain as oil plunge to hit Prairie real estate
Canada’s federal mortgage insurer is preparing for pain from falling oil prices to begin spreading to the Prairie housing market in the coming months, although the energy sector’s woes have not yet pushed many homeowners in Alberta to default on their mortgages.
Posted on 11-27-2015 at 12:54 PM
U.S. new home sales rebound strongly in October
With a surge in U.S. home sales during the month of October, the bounce back should offer some assurance that the housing market remains on solid ground despite declines last month in home resales, housing starts and confidence among builders.
Posted on 11-25-2015 at 10:22 AM
Mortgage rates tick higher as banks reverse course on ultra-low rate trend
Mortgage rates are on the rise in Canada, a trend that could cool the housing market even as the economy struggles to recover from the effects of low oil prices.
Posted on 11-25-2015 at 7:42 AM
Housing prices expected to cool starting in 2016 and beyond: TD
Canadian home prices are expected to drop beginning next year – with the biggest hit coming to homeowners in B.C. and Ontario, according to TD Economics.
Posted on 11-24-2015 at 2:28 PM
U.S. housing feels the squeeze as price gains outweigh sales
U.S. home resales fell more than expected in October, with large declines in regions which have experienced the biggest price gains, suggesting some softening in the pace of the housing market recovery after strong gains early this year.
Posted on 11-23-2015 at 1:36 PM
U.S. housing starts fall to seven-month low, building permits surge
U.S. housing starts in October fell to a seven-month low as single-family home construction in the South tumbled, but a surge in building permits suggested the housing market remained on solid ground.
Posted on 11-18-2015 at 10:49 AM
Home resales hit second-best October in nearly six years
Canada's housing market churned out another strong month in October with average resale prices rising more than 8 per cent. It was the second-best October on record in nearly six years.
Posted on 11-16-2015 at 10:27 AM
CMHC is “walking a tight rope” on mortgage insurance: Author
Hilliard MacBeth says the Canada Mortgage and Housing Corporation (CMHC) is becoming increasingly serious about sharing the risk of insuring mortgages.
Posted on 11-12-2015 at 3:06 PM

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