condo Market

condo Market


Canada’s condo market to dodge hard landing as population, job gains drive demand: study A contractor walks along the outer edge of a condominium under construction in downtown Vancouver. Ben Nelms/Bloomberg If you are sitting on the sidelines hoping for the condo market to crash, the Conference Board of Canada says you’ll have to wait. [...]

By |2017-01-04T01:02:25+00:00August 30th, 2013|Economy|0 Comments


Finance Minister Jim Flaherty said he isn’t planning new measures to restrain the country’s housing market because his past four rounds of action have already worked to avoid a bubble. Flaherty has warned consumers to avoid mortgages that could become unaffordable when borrowing costs rise, after Canadians took on record household debts relative to disposable [...]

By |2017-01-04T01:02:25+00:00August 22nd, 2013|Economy|0 Comments

Toronto condo prices to cool, not crash: RBC report

TORONTO - Prices will cool in Toronto’s booming condominium market in the year ahead, but concern about a bubble is overblown as demographics and strong investor demand will insulate the market from a crash, economists at Canada’s largest bank said on Tuesday. The research department at Royal Bank of Canada waded into the debate over [...]

By |2017-01-04T01:02:28+00:00July 26th, 2012|Economy|0 Comments