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Alexandra Posadzki

In Canada, dream of home ownership not so much far-flung as just far away

Julien Simon and his wife were living happily in their condo in the Vancouver suburb of Burnaby when life intervened last year in the form of a baby on the way. The couple — he's an Internet marketer...

CMHC raises red flag about housing, cites spillover from Toronto, Vancouver

The head of the federal housing agency is raising a red flag about the state of Canada's real estate sector, saying affordability concerns have spilled over from the country's two most expensive...

'It's crazy today' as mortgage brokers see flurry of business ahead of new rules

Canadian mortgage brokers say they're seeing a flurry of borrowers trying to pre-empt new federal rules that take effect Friday that will reduce the purchasing power of some first-time homebuyers. "...

Ontario looking 'very closely' at B.C. tax aimed at foreign homebuyers

Ontario finance minister Charles Sousa is enthusiastic about the B.C. government's announcement of a 15 per cent tax on foreign nationals looking to buy homes in Vancouver's expensive housing market.