Filed under: Financial Update, Industry News | Comment (0)
This is a great article that illustrates the effect external factors are having on our real estate markets in major Canadian cities. Overseas investors are snapping up properties in Canada’s largest cities, driving up prices and pushing ordinary Canadians out of the housing market, observers say.
Filed under: Financial Update, Industry News, Mortgage Rates | Comment (0)
TSX +71.95 to 13,255.74 (Reuters) bounced back from a seven-day fall, as some positive U.S. economic data and higher commodity prices prompted investors to pick up beaten down shares. Traders are looking to the release of Statistics Canada’s May employment report Friday morning.