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10th
Apr

Canadian housing starts rose much more sharply than expected

Posted by Paul Mann on 10:19 PM

Canadian housing starts rose much more sharply than expected in March as groundbreaking on new condominiums and apartments in urban areas surged 48.2 per cent, while February numbers were revised slightly lower, data showed on Friday.

The report from the Canadian Mortgage and Housing Corp showed the seasonally adjusted annualized rate of housing starts rose to 189,708 units last month from a downwardly revised 151,238 units in February. This exceeded the 175,000 that economists had ...



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30th
Apr

Canada is not facing housing bubble

Posted by Paul Mann on 02:55 PM

Justin Tang / THE CANADIAN PRESS
Governor of the Bank of Canada Stephen Poloz arrives at a commons finance committee on Parliament Hill on Tuesday, April 28, 2015. THE CANADIAN PRESS/Justin Tang

Published on Apr 28 2015
Andy Blatchford 
THE CANADIAN PRESS
OTTAWA — The governor of the Bank of Canada says he didn’t mean to surprise markets in recent months with his stunning interest-rate cut, worrying real estate projection and the grim adj...



10th
Apr

Boomers drive real estate market for luxury housing

Posted by Paul Mann on 10:48 PM

Thinking of Buying & Selling? Call Paul Mann Royal LePage Flower City Realty

Boomers drive real estate market for luxury housing
TAMSIN MCMAHON - REAL ESTATE REPORTER
The Globe and Mail
Published Wednesday, Apr. 08 2015, 12:00 AM EDT
Last updated Wednesday, Apr. 08 2015, 12:00 AM EDT
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