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Troubled developer Fortress searching for buyers for many of its properties as legal woes mount

The Globe and Mail - 3 days ago
Troubled real estate developer Fortress Real Developments Inc. is searching for buyers for many of its projects as the list of mortgage lenders launching legal action grows. Among the latest moves,...

Number of mortgages fell 3.4% in second quarter as stress test rules keep young buyers out

CBC.ca - 2 days ago
The number of new mortgages taken up in Canada in the second quarter of the year fell by 3.4 per cent compared to a year earlier, according to credit agency TransUnion, and younger borrowers seemed...

New mortgage stress test continues to hamper Canadian home sales

The Province - 4 weeks ago
New listings were down in more than half of all local markets, led by Calgary, Edmonton and Greater Vancouver. Actual sales (not seasonally adjusted) on Canadian MLS Systems were down 1.3 percent in...

National home sales activity creeps higher in August

REMI Network - 6 hours ago
A slight increase in national home sales activity has been recorded between July and August 2018, according to recent statistics from the Canadian Real Estate Association (CREA). National home sales...

Home sales increase for 4th straight month, but prices still flat ...

CBC.ca - 4 days ago
Activity in Canada's housing market has picked up after a trough earlier in the year, but on a national level average prices are still barely higher than they were a ...and...

New mortgage stress test continues to hamper home sales

Calgary Sun - 4 weeks ago
New listings fell 1.2 percent in July, below monthly levels recorded over most of the past eight years. New listings were down in more than half of all local markets, led by Calgary, Edmonton and...

Restoring balance to the real estate market

Troy Media - 2 weeks ago
1 of this year as a reaction to ever-increasing Canadian consumer debt and to slow the real estate markets in Canada's two hottest markets, Toronto and Vancouver. Unfortunately, in cities such as...

You should rent a home, not buy one, if…

The Globe and Mail - 3 weeks ago
A government bond yields about 2 per cent these days, while blue chip Canadian stocks have an average yield of about 2.6 per cent. The yield ... You would be bad at taking care of a house;; You...

Canada is home to one of the world's top four riskiest housing markets

Calgary Herald - 1 week ago
House prices are falling in Australia, down almost 3 per cent in the year through August in major cities, and 5.6 per cent in the Sydney market. Meanwhile, three of the nation's four major banks...

Canada's HELOC Problem Is One of The Biggest Risks For Real Estate

Better Dwelling - 3 weeks ago
The Financial Consumer Agency of Canada (FCAC), a government agency in charge of consumer protection, noted having a HELOC “significantly increases” the chances of a mortgage holder defaulting....