Canada needs 3.5 million more homes than projected to restore...
Non classé
Canada needs 3.5 million more homes than projected to restore...
2022, june 30

When it comes to new construction, it’s all about risk and reward. Prices of homes are correcting, cost of lending is increasing and overall supply chain problems are affecting new construction. Builders are not projected to make enough new homes to satisfy demand by 2030. As quoted in the article from the financial post ‘Drastic

Mortgage stress test change – what’s been the impact?
Real Estate News
Mortgage stress test change – what’s been the impact?
2022, june 30

”The measure has proven a necessary one to protect borrowers from rate impact, argues leading executive.” ” As a whole, and considering what’s happened in the past few years, I’m certain that most people could say they’re grateful that we did have prudent underwriting parameters in place, that we didn’t completely damage the real estate

Could empty office towers help ease Montreal’s housing crisis?
Real Estate News
Could empty office towers help ease Montreal’s housing crisis?
2022, june 06

This is a good example of a creative solution to ease the housing situation in Montreal. ” Amid all the hand-wringing over the rising office vacancy rate downtown, Montreal may be overlooking a quicker fix to another problem. ” ” If Montreal were to convert even a portion of its empty office space to housing,

Where can Canadians buy a home under $200,000?
Real Estate News
Where can Canadians buy a home under $200,000?
2022, june 06

This is for the readers who have the luxury of working 100% from home. Reduce your living costs and increase your savings in investment capital. ” A new study shows a “glimmer of hope” for buyers with a set spending limit. ” ” Is there any light at the end of the tunnel for buyers