The Year of the Micro Condo?

Set to hit the country's largest real estate market, this year could see the micro condo taking off.

With more single people wanting homes and higher prices making some Canadian cities unaffordable for single and low income households, smaller homes may prove to be the solution.

British Columbia holds highest average mortgage debt

Homeowners in British Columbia and Alberta have the highest average mortgage debt according to StatsCan data.

RBC Takes the Plunge; Rate War Coming?

While the big lenders were hesitant to pass on the Bank of Canada’s interest rate cut last week, this week there’s talk of a price war, with Royal Bank of Canada being the first to take the plunge.

Finance Minister will not interfere

Despite the Bank of Canada's announced rate cut, Finance Minister Joe Oliver has said he will not interfere with the housing market or force banks to lower their interest rates.

Vancouver sets new record for high-end sales

Vancouver hit a new record for high end sales in 2014.

Vancouver is second most unaffordable market in the world

Vancouver has been identified as one of the most unaffordable cities in the world in a study of major property markets.

Single-family home prices drop in almost half of cities

The latest Teranet-National Bank Composite House Price Index revealed a slight drop in Canada's house prices last December. Repeat sales of single-family homes also slipped by 0.2 per cent from the month earlier.