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Canadian Imperial Bank of Commerce expects its growth in domestic mortgages to be more “market-like” in 2020, after last year’s contraction in home-loan balances, Chief Executive Officer Victor Dodig said.
January 7 -
Home sales dropped in Toronto in December, but prices continued to rise as demand outstripped a dwindling supply of units available for purchase.
January 7 -
The deadline for China Oceanwide to complete its acquisition of Genworth Financial was extended for a 13th time, following completion of the sale of Genworth MI Canada to Brookfield Business Partners.
December 23 -
Canadian home sales picked up in November as a rebound in Toronto and Vancouver offset weakness in Calgary.
December 18 -
Toronto's home prices extended gains in November, and are now accelerating at the fastest annual pace since 2017 as demand continues to outpace a dwindling supply of listings.
December 4 -
Wealthy homebuyers are finding global cities less welcoming — even hostile — to their cash.
November 15 -
Canadian housing sales took a breather as activity in Toronto pulled back, but strength in the western provinces highlights a sustained recovery at the national level.
November 15 -
Tighter mortgage regulations are making Canada's housing market less risky, according to the government agency responsible for its oversight.
November 6 -
Toronto's housing market continued to bounce higher in October, with prices rising the most in almost two years amid dwindling supply.
November 5 -
Canada's Realtors produced another strong month of sales and prices in September, with gains in most major markets in a sign of strength for the nation's housing market.
October 15