Housing market still strong in Canada

Calgary Herald

Continued strength in the Canadian markets See full story on this topic »

Canada Stands Out in its Resilience and Longevity

Calgary Herald

Even though Canada’s housing market has begun to cool it stands as a notable outperformer…   See full story on this topic »

Calgary’s Real Estate Market – Calgary Herald

Topping the nation for average sale price was Vancouver at $815,252.

Calgary’s Real Estate Market – Calgary Herald

Finance Minister Flaherty not worried about slumping markets, tougher mortgage rules

Calgary Herald- Federal Finance Minister Jim Flaherty said Thursday he is not concerned about slumping housing sales in some Canadian markets and has no plans to reverse mortgage restrictions imposed earlier this year.

Housing sales plunged dramatically last month in cities such as Calgary, Victoria and Greater Vancouver compared with one year ago.

But Flaherty, in Calgary to deliver a speech on Ottawa’s proposal for a national securities regulator, said he believes the housing slowdown is a sign that consumers are being more careful about financial risk-taking. He hinted the federal government wouldn’t shy away from additional mortgage restrictions, if needed…

Finance Minister Flaherty not worried about slumping markets, tougher mortgage rules

Next Page »