Housing bubble

Economic Indicators

Cdns in more debt than expected: StatsCan

Statistics Canada says households are more in debt than previously thought.

By Wire services |October 15, 2012

2 min read

Industry

National Bank lowers 3-year fixed mortgage rate

At the end of August, National Bank raised its fixed, three-year residential mortgage rate to 4.05%. The bank has now decided to lower it once again.

By Staff |September 27, 2012

1 min read

Economic Indicators

Cdn housing headed for a soft landing: Scotiabank

The Canadian housing market is not destined to crash, says Bank of Nova Scotia chief executive officer Rick Waugh.

By Staff |September 19, 2012

2 min read

Industry

Homes more expensive: RBC

Housing has become more expensive for the second quarter in a row.

By Staff |August 27, 2012

2 min read

Economic Indicators

Demographics won’t hurt the housing market

Demographic forces will aid, rather than hinder, the real estate market over the coming decade, says Benjamin Tal, deputy chief economist at CIBC in a report. This is because the age group that makes up the majority of first time homebuyers (25-to-35) will continue to grow, he says. Read: Housing bubble to burst Those under […]

By Staff |August 23, 2012

1 min read

Industry

Housing market cools: report

The downside risks to Canada’s housing market are increasing, says a Scotiabank report on Canadian Housing. “Canada’s housing market is expected to avoid the sharp downturn witnessed in the United States and Europe,” says Adrienne Warren, senior economist at Scotiabank. “But, the downside risks to domestic housing activity are increasing. The impact of the slowdown […]

By Staff |August 8, 2012

2 min read

Economic Indicators

What’s slowing down Canada?

Canadian economic growth in 2012 will fall short of 2.1%, the Bank of Canada’s original projection.

By Martha Porado |August 8, 2012

2 min read

Economic Indicators

Housing bubble to burst

When will the Canadian housing market bubble burst? Soon, says a recent report by Royal LePage.

By Staff |August 7, 2012

1 min read

Industry

Housing prices won’t freefall: Laurentian

Following the release of BoC’s gloomy Monetary Policy Report last week, Laurentian Bank and its research team downgraded their provincial and national growth forecasts for Canada in 2012. It expects the country to grow only 2% over the next two years, and has released a new edition of the Provincial Monitor, a report highlighting the […]

July 25, 2012

2 min read

Economic Indicators

Housing: Will the bubble burst?

So far, Canada has avoided a catastrophic housing crash. And, while it’s unlikely a popping of Canada’s housing bubble would resound worldwide, it would be a downer domestically.

By Staff |June 21, 2012

2 min read

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