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City homesa real bargain

City homesa real bargain

Canadian housing costs continue upward, with Vancouver becoming one of the world's most expensive cities. But not in Lethbridge. The average resale price here remains below $250,000, according to the latest figures from Canada Mortgage and Housing …
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Canada CMHC Sees Decline in Housing Starts, Sales in 2013

The Canada Mortgage and Housing Corporation said a slow first half of this year would pick up in the second half and into 2014, but still to levels below those of 2012. Market activity is increasing now and will go up somewhat in 2014, on the basis of …
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Bank of Canada: shadow banking could contribute to imbalances

“A key concern is the potential misallocation of resources away from non-mortgage lending toward mortgage credit – which, in the current economic environment, contributes to the buildup of imbalances in the household sector,” said Bank of Canada Deputy …
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