Chatter from Speculators

Lots of chatters are coming from both business houses, economists, real estate professionals and speculators regarding the health of Canadian real estate market. In all these efforts, the trend has defied predictions. Canada’s residential housing market has drawn concern from regulators and economists who say it may be 20% overvalued and that consumers are taking on too much debt (Bloomberg News | July 31, 2014 | Last Updated: Jul 31 12:05 PM ET). However, Genworth MI Canada Inc. and Home Capital Group Inc. reported profits that beat analysts’ estimates as low interest rates drive demand for Canadian homes.  Click here for more information.

Maxy Ojukwu

Maxy Ojukwu

REALTORĀ®
CENTURY 21 Fusion
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