Plunging condo construction in those two cities is clouding the overall national outlook
Mounting job losses and trade tensions fuel speculation of a BoC reduction next week
According to Bank of Canada research, these borrowers could see payments jump by around 20%
A survey found that 78% of respondents agreed mortgage fraud creates an unfair playing field, while 64% said it inflates housing prices
Accused are alleged to have forged mortgage documents and altered terms of agreements
Apartment and row-style homes experienced the sharpest price drops, according to the latest data from the Calgary Real Estate Board (CREB).
Deal brings together two alternative lenders in Canada’s mortgage sector
But first-time buyers aren't necessarily benefitting, says real estate board
Tariffs and weak jobs data put pressure on central bank to act
Proponents say lower immigration will help ease Canada's housing supply crisis, while others see it as a driver of Toronto's condo woes