CMHC Case Study Reviews by the Canadian Funding Corp.
Softening home prices drew Canadians back into the housing market in a big way in the first quarter, according to a Royal Bank (TSX:RY) report.
RBC Economics says home affordability recorded some of the biggest quarterly improvements on record in the first quarter. Senior economist Robert Hogue says with market turmoil decreasing and credit flows increasing, [...]
OTTAWA — Weaker home prices and lower borrowing costs are attracting buyers back into the housing market, according to a report Wednesday by RBC Economics.
“Declining costs of home ownership during the last year were driven by significant cuts in mortgage rates along with the federal government taking an active role in supporting the mortgage securities [...]
Atlantic Canada housing market strongest in ‘09
Updated Wed. Apr. 8 2009 6:40 PM ET
CTV.ca News Staff
A recession-cooled Canadian real estate market saw falling housing prices during the first quarter of the year, though the declines were not as steep as expected.
A quarterly house price survey, released Wednesday by Royal LePage Real Estate Services, showed national [...]