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February 2014 - Posts

Canadian house prices hit all time high in January with major price jumps in Toronto and Vancouver
Source: BuzzBuzzHome.com The Teranet– National Bank house price index rose 0.4 per cent in January over December, bringing the composite index to an all-time high. Within the last five months, January’s gain was both the largest month-to-month Read More...
CIBC: Excess condo supply will not derail Toronto and Vancouver rental markets
Source: BuzzBuzzHome.com Photo: Boris Mann/Flickr In a report published on Thursday, CIBC economist Benjamin Tal said that the number of condos currently under construction in Toronto and Vancouver will raise the vacancy rate in the two cities, but the Read More...