|Owning versus Renting a Home in Canada September 17, 2018
Mortgage Professionals Canada released their comparative report, Owning versus Renting a Home in Canada. In the report, Will Dunning, Mortgage Professionals Canada’s Chief Economist, compares the expected costs of housing of Canadians who will chose to rent versus those who chose to own.
|CIBC report – The Housing Market: When the Fog Clears November 14, 2017
There are a few lessons to be learned from recent developments in the housing market. First, markets are capable of responding swiftly to abnormal market conditions. Second, housing policy can notably impact the trajectory of the real estate market. And third, if those policies are not directed at the core issues facing the market, their impact will be temporary at best. – Benjamin Tai.
|Homebuying Step by Step: Your Guide to Buying a Home in Canada March 7, 2017
A home can be a great place to build memories with friends and family and build a financial foundation for your future. Buying a home can be exciting, but it can also be a challenging and confusing experience.
Canada Mortgage and Housing Corporation (CMHC) is here to help you understand the homebuying process. As Canada’s national housing agency, CMHC has helped millions of Canadians access quality, affordable homes. This guide will help you make informed and responsible decisions at each stage of the buying process.
|Ontario Greenbelt: Behind the Boom, Not the Bubble February 17, 2017
“Our only goal of calling Toronto’s housing market a bubble was to reinforce the message that it had become divorced from economic fundamentals and was becoming potentially dangerously overheated. This is not a near-term call on the market—in fact, given the outlook for interest rates and an improving underlying economy, there’s nothing obvious to meaningfully slow the market at this point.” – BMO Chief Economist Douglas Porter