Share Although the most recent Federal budget announcements were mostly met with approval by housing industry analysts, there were concerns that some calls to make housing more affordable were not heeded by Flaherty. For instance, while the budget retained the first time homebuyers tax credit and the new ceiling on the amount homebuyers can pull [...]
Share Canada has begun to see a turnaround in its housing market – some would say the beginnings of a housing market bubble – because of historically low interest rates. This week, the Bank of Canada, in its quarterly Monetary Policy Report, suggested that they respectfully disagree. Even more importantly from a real estate perspective, [...]