Canadian housing starts unexpectedly increased in June • Housing starts increased by 2.4% to an annualized pace of 222,700 in June 2021, thereby beating market expectations for a decline to 205,000. • The rise in overall housing starts was primarily the result of a 4.1% rise in urban multiple starts, while rural starts posted…
Read More Canadian housing starts unexpectedly increased in June • Housing starts increased by 2.4% to an annualized pace of 222,700 in June 2021, thereby beating market expectations for a decline to 205,000. • The rise in overall housing starts was primarily the result of a 4.1% rise in urban multiple starts, while rural starts posted a…
Read More When you think waterfront homes, you usually think of long weekends spent up north at a cottage with campfires and roasting marshmallows, or perhaps a tropical villa in the Caribbean. Well, why not make that your home all year round? Waterfront living has become prime real estate in recent years in the Hamilton and Stoney…
Read More The intent of these changes is to support the strength of the housing market and to help ensure that households do not become overextended. 1. Lowering the maximum amount consumers can borrow when refinancing their mortgages. This change will lower the maximum mortgage amount to 80% of the appraised value of the property from the…
Read MoreOwning a home is a keystone of wealth… both financial affluence and emotional security.
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