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Canada’s Housing Investors Are Heading For the Exits as Rates Rise
Originally posted on Bllomberg by Ari Altstedter on July 25, 2022Residential condo buildings and single family homes near Burrard Inlet in North Vancouver. Photographer: Darryl Dyck/Bloomberg Home prices in the once-hot market could slide even further as investors...
Open or closed mortgage: Which to choose?
Originally posted on Canadian Real Estate Magazine by Corben Grant on 19 August 2022Choosing the right mortgage for you can be a stressful process. Besides just being a long-term contract that will affect you for multiple years, mistakes can be costly too. One area...
When will the housing bubble burst in Canada in 2022?
Originally posted on Canadian Real Estate Magazine by Corben Grant on 10 May 2022There are two things that have seemingly been constant fixtures in Canadian real estate for at least the last decade: the rising cost of homes, and the supposed Canadian housing bubble....
What you need to know about the mortgage stress test
Originally posted on Canadian Real Estate Magazine by Corben Grant on 15 Feb 2022Since the mortgage stress test was introduced, it has been a hot topic for Canadian homebuyers. The stress test introduced a way for the Canadian government to protect Canadians and...
How much does it cost to build a house: Toronto
Originally posted on Canadian Real Estate Magazine by Corben Grant on 25 Nov 2021The housing market in Toronto has been facing seriously tight supply issues for a few years now and there are more buyers eager for a house in Toronto than there are homes for them to...
Are Tankless Water Heaters Worth It?
Originally posted on Quail West RealtyA water heater is an essential part of a home. However, the type of water heater that works best for your needs depends on various factors, including your climate, access to gas and electricity, local utility rates, and the cost...
Is real estate a good investment in Canada?
Originally posted on Canadian Real Estate Magazine by Taylor Pipe on 15 Mar 2021When it comes to investment opportunities in the True North, investing in real estate is one of the safest options for those looking to increase their net worth and invest in properties...
Roaring Canadian jobs market signals economic rebound
Originally posted on Canadian Real Estate Magazine by Dr. Sherry Cooper on 15 Mar 2021.This morning, Statistics Canada released the February 2021 Labour Force Survey showing much stronger-than-expected job growth. The early days of the latest easing in COVID...
No, Canada’s housing market won’t crash
Originally posted on Canadian Real Estate Magazine by Neil Sharma. A report from Lowestrates.ca with an alarmist headline predicts that housing prices will “correct” sometime this year, but according to a mortgage professional in Vancouver, a fundamental...