Cheap borrowing costs are driving up prices in markets around the world In a survey of housing costs around the world, the Economist magazine says Canada’s housing prices are 35 per cent overvalued when compared to Canadian incomes. Against the level of Canadian rents, housing prices come in 89 per cent overvalued, according to the […]
Slumping oil and improving U.S. economy could boost housing markets across much of province, economist predicts. Toronto’s record house prices could soar a further 17 per cent by the end of 2017 as the lack of supply in the face of unrelenting demand continues to drive prices far beyond the rate of inflation, says the […]
Middle East real estate consultant Cluttons new research has revealed that a cosmopolitan lifestyle is expected to be among one of the main factors that influence the selection of a real estate investment destinations for Middle East buyers in 2015. Cluttons extrapolated the results from its most recent International Private Capital Survey to examine the […]
The International Monetary Fund is raising red flags about Canada’s housing market, warning that moves by Ottawa in recent years to tighten mortgage lending standards and boost oversight of the country’s financial system haven’t gone far enough. Household debt levels remain well above those in other Western countries, the organization said in a commentary posted […]
