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Canadian Real Estate News

Mortgage changes to tighten approvals
Saturday, February 20, 2010
 
OTTAWA -- Finance Minister Jim Flaherty tightened mortgage rules this week and, in doing so, may have taken some steam out of a housing market that has seen prices and sales activity rise rapidly over the last year.



CREA says January existing home sales rose 58 per cent from a year earlier
Thursday, February 18, 2010
 
OTTAWA — Canadian home resale volumes slipped in January compared with December but came in far higher than the lowest levels in a decade, set in January 2009 as the country suffered through the global credit crunch and recession.



Bank of Canada maintains interest rates
January 21, 2010, 8:49:04 AM
 
Reiterates commitment to hold until end of second quarter of 2010




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