A new study finds that some 80 per cent of Canadian baby boomers plan to stay put in their homes in the next five years as a majority consider their local housing market unaffordable for retirement.
The Toronto Real Estate Board (TREB) says residential home sales in the Greater Toronto Area climbed 18.6 per cent higher in July compared to the same month a year ago.
The Canada Housing and Mortgage Corporation says the country's mortgage debt increased at a slower pace in the last quarter of 2017 compared to the year before.
The Canada Mortgage and Housing Corporation says the country's housing sector is facing a high degree of vulnerability to market instability for the eighth straight quarter.
Hockey great Mario Lemieux has put his massive Quebec summer home on the market.
The Canadian Real Estate Association says the number of homes sold in June was down 10.7 per cent from a year ago.
The pace of rising home prices slowed in Canada in the second quarter due to softness in the Greater Toronto Area market, according to a report by Royal LePage.
Home sales in the Greater Toronto Area rose 2.4 per cent in June compared to the same month a year ago, and were 17.6 per cent higher compared to May, according to the latest data released Thursday by the Toronto Real Estate Board (TREB).