Is There a “Housing Bubble” in Canada?

Since at least 2008, there have been repeated bursts of commentary that there is a housing bubble in Canada. Those comments have generally assumed that rapid growth in house prices (or a rising ratio of house prices versus incomes or of house prices versus rents) is sufficient evidence of a bubble. To the contrary, these […]

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  • June 28, 2016
  • Blog

CMHC Housing Starts Report | May 2016

It’s been said that talking about the Canadian Housing Market is like talking about the weather in Canada. “How’s the weather in Canada today”? seems like a rather odd question, it all depends where you are! Similarly, the Canadian Mortgage and Housing Corporation (CMHC) just released a report on the housing starts in Canada for […]

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Mortgage Costs About to Rise

Non-bank lenders rely heavily on securitization (selling mortgages to investors to raise money). They then lend that money out to new borrowers. This July, that’s about to get a whole lot more complicated…and costly with mortgage costs about to rise. Big changes are afoot in the mortgage business, and they’re coming to a lender near […]

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