The Canadian economy experienced some good news recently when the International Monetary Fund proclaimed that their outlook for the country was better than expected. “Our outlook for the Canadian economy is a relatively rosy one,” said Roberto Cardarelli, mission chief for the IMF in Canada. The IMF’s outlook includes growth for the economy during the …
While the CMHC’s outlook leaving 2012 and going into 2013 predicts declines in new home construction, existing home sales are forecasted to rise.
As uncertain as the economy and housing market seem to be, Canadians are gathering ’round family tables in owned or rented homes and taking time from their busy lives to be thankful for life’s fortunes.
We’re used to hearing about governmental disagreements every now and then, but nothing has come close to all the mortgage news surrounding this so-called housing bubble.
In a recent article, we addressed the fact that analysts and mortgage pros are a bit concerned by the state of Canada’s housing market and likened it to a “slow-motion version of what happened in the U.S.”
Everyone who knows somebody contributing to the commercial mortgage sector needs to thank that person for contributing to the Canadian economy.