In toronto real estate, forget all the housing crash talk says a new report that indicates prices acceleration in Canada’s housing market will slow down without any hard landing. Moody’s Analytics, which utilized the Brookfield RPS house price index for its frameworks, is of the view that prices in Canada will slow down as […]
CMHC
CMHC elevates red flag about housing, warns of Toronto, Vancouver price spillover
In toronto real estate, the head of the federal housing agency is elevating a red flag about the state of Canada’s real estate sector, saying affordability fears have spilled over from the country’s two most expensive cities to nearby markets. In an article published Monday in the Globe and Mail, CMHC CEO Evan Siddall says […]
CMHC tightens lending standards to protect housing market during COVID-19
CMHC tightens lending standards to protect housing market during COVID-19 TORONTO — Canadians looking to borrow money for a home purchase are in for some extra challenges after the Canada Mortgage and Housing Corporation announced changes to its lending standards on Thursday. The country’s national housing agency is increasing the qualifying credit score […]