Tag Archives: CMHC

CANADAS DOOMSDAY FORECASTERS GET IT WRONG AGAIN

Predicting a housing crash in Canada has become an annual feature for some doomsday forecasters, particularly in the condo market. With unprecedented condo growth in Canada’s three major cities during the last decade, some observers feel the end of the … Read More »

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Most Canadian Homeowners Have No Plans to Downsize

A recent survey by Leger Marketing, sponsored by Royal LePage Real Estate, found the demand for suburban detached homes remains strong among baby boomers and their children, known as Generation Y. “Baby boomers are the wealthiest generation in Canadian history,” … Read More »

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Which Real Estate Decisions Will You Make in 2013?

In the last weeks of what has been both an action-packed and a wait-and-see year, attention will shift from 2012 goings-on to projections for 2013 – as if anyone knows for sure. January will see the annual forward-looking media broadcasts … Read More »

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Borrowing Adjustments: What are CMHC & OSFI Doing For You or To You?

For a long time, Canada Mortgage and Housing Corporation (CMHC), our federal housing agency, was the only source of the mortgage insurance that protects lenders against borrower default. In fact, at one point, CMHC was also the lender of last … Read More »

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Is “Headline News” The Best You Can Do For Yourself?

Recently, the “headline news” was that Vancouver, British Columbia, lost its decade-long first-place standing as Most Liveable City to Australia‚Äôs Melbourne, according to The Economist The Economist Intelligence Unit’s Global Livability Ranking Survey of 140 cities. The challenge is “headline … Read More »

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