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Mortgage growth in Canada hasn’t been this weak since 2001
Total residential mortgage credit grew just 0.3 per cent on average over the last three months, the slowest since 2001, Bank of Canada data show.…
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Move over, Toronto and Vancouver: Calgary and Montreal are set to become Canada’s fastest growing luxury property markets
Calgary and Montreal are on track to eclipse Toronto and Vancouver as Canada’s fastest growing luxury real estate market this year as rising consumer confidence…
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Foreign buyers using Canadian homes as piggy banks, RBC CEO warns
Foreign inflows are distorting Canada’s already constrained housing market and aren’t the kind of investment the country needs, the chief executive officer of Royal Bank…
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Expansion of foreign buyers tax to Okanagan, Vancouver Island questioned
A house for sale. JONATHAN HAYWARD / THE CANADIAN PRESS VANCOUVER — A foreign buyers tax will do little to cool the British Columbia housing markets…