Cure for housing market carries risk – The Globe and Mail

Globe and Mail- 

Fuelled by record low interest rates, residential real estate prices have gained 20 per cent this year. And Finance Minister Jim Flaherty is now warning he will step in if prices get too high by tightening the rules for borrowers, by increasing the minimum down payment and shortening the maximum length of mortgages…

Cure for housing market carries risk – The Globe and Mail

CMHC needs to review policies

Financial Post- Last week, I wrote about how Ottawa has been creating a housing bubble in Canada with taxpayer money, which is why residential real-estate prices rise in defiance of rising unemployment and recession…

CMHC needs to review policies

‘Irresistible’ rates drive Canada’s recovery

 Globe and Mail – Canada – While US residential real estate prices have been falling for almost three years, Canada seems to have stumbled and picked itself up again in a span of 12 …

‘Irresistible’ rates drive Canada’s recovery – The Globe and Mail

The hardest, realest thing

 Times Colonist, Victoria, BC – Sure, some of the asking prices are set artificially low to trigger higher and competing bids. And sure, mortgage rates will not stay at the square root of squat forever. Yet such is the confidence creeping back into the residential real estate market — in these parts, at least — that buying a second property as an investment is beginning to resurface…

The hardest, realest thing

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