Linda Linfoot

Market Commentary Student debt, lackluster job prospects and skyrocketing prices do not appear to have diminished the dream of home ownership for that group of potential first-time buyers known as millennials. A new survey conducted by Angus Reid for one of the big banks suggests 86% of 18 to 34 year-olds believe home ownership is important. Fifty-nine percent say it offers a sense of persona ...

Market Commentary The February home resale numbers from the Canadian Real Estate Association were good enough for the organization to up its forecast for the year. CREA has gone from projecting a slight, 1.1% decrease in sales to a slight, 1.0% increase. But the figures are still a tale of two markets: the red hot big cities of Toronto and Vancouver and the rapidly cooling, oil dependent zone ...

Market Commentary The latest eye-popping numbers from the Toronto and Vancouver real estate boards have once again raised the spectre of an affordability crisis. National averages can be deceiving especially in light of the stratospheric prices in the country's two hottest markets. But popular measures of affordability can also be misleading because of their narrow terms of reference. The Res ...