Housing

Toronto is still the King of North American real estate development according to the Rider Levett Bucknall (RLB) Crane Index that shows Toronto had 120 active construction cranes in July...[which is] more than twice the number of active construction cranes than the next city on the list. Where does your city rank? Here's the list.

The rate at which Canadian real estate prices have grown dwarfs even the frothiest of U.S. cities. This articles compares the home price growth in Canada's 3 largest cities (Toronto, Vancouver & Montreal) with San Francisco, Los Angeles, New York City & Seattle. The findings are amazing, to say the least.

prices continue to rise in most regions of the world, spurred on by historically low interest rates and generally benign credit conditions

Below is a look at the newest S&P/Case Shiller home price data which shows that, on a month-over-month basis, 16 of 20 cities saw home prices gain, with Charlotte, Cleveland, Minneapolis, and Boston seeing declines.

A recent study examined home affordability relative to incomes and found that Canada’s largest markets rank just as highly as the hottest ones in the U.S.. Check out the infographic below to see how U.S. and Canadian markets rank.

Every quarter the Canada Mortgage and Housing Corporation (CMHC), the Crown agency in charge of Canadian housing research, publish a report on how real estate fundamentals (interest rates, disposable income, and price acceleration) are looking.They then publish a color graded warning system for real estate. Here’s what they had to say about the country’s largest markets.

Fewer than expected apartment deliveries this year increased competition among existing units, pushing up the national average rent by another 3.1% - the highest monthly increase in 18 months - to $1,412 in August, an all time high.

As NAFTA negotiations linger on, let's step back and see what Trump's threats are all about.

...If you want to alleviate some of the uncertainty that comes with buying your first home, it's time you learned the truth about 6 home buying myths too many consumers still believe.

Easy credit and rising home prices have created a debt trap for many Canadians, and many face an uncertain future. With household debt already at an unprecedented level, and little savings to cushion a financial blow, many homeowners will not be able to refinance their current mortgage debt.