First Time Home Buyers Are Opting for Condos
Posted on Tuesday, March 1, 2016, 11:41 AM, by Cassandra Rose, under
Canada News, Real Estate
Thanks to rising home prices -- especially in Vancouver and Toronto -- more first time home buyers are choosing to purchase condos.
Detached homes vs. condos
Under a new federal mortgage rule, it takes the average first-time buyer in Vancouver a decade to save up for a minimum down payment on a home...
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Foreign Buyers Are Purchasing Canada's Luxury Homes
Posted on Wednesday, November 11, 2015, 09:02 AM, by Ana Ferrer, under
Real Estate
Canada's national housing agency is exploring how to track foreign-ownership in the country's real estate markets and thinks overseas buyers account for a large portion of the demand for luxury homes throughout Toronto and Vancouver, The Wall Street Journal reported. Canada Mortgage and Housing...
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Citizens Are Moving Out of Canada's Largest Cities
Posted on Friday, October 16, 2015, 09:15 AM, by Cassandra Rose, under
Canada News, Moving News
According to information gathered by Statistics Canada (via the Huffington Post), more and more residents have been moving out of Canada's major cities of Toronto, Montreal and Vancouver.Toronto lost the most citizens, with 225,000 more people leaving than moving in and Ontario as a whole lost 84,00...
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