Canada

Tighter mortgage regulations are making Canada's housing market less risky, according to the government agency responsible for its oversight.

Toronto's housing market continued to bounce higher in October, with prices rising the most in almost two years amid dwindling supply.

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.

Vista Equity Partners is considering the potential sale of a stake in Finastra in a deal that could value the financial technology company at more than $10 billion including debt, people familiar with the matter said.

The Toronto housing market continued to rebound in September, with prices rising the most in 21 months, bringing the cost of a typical home close to the record high set in 2017.

Vancouver home sales rebounded 46% in September in a sign that Canada's most expensive home market may be finding its feet following a policy-driven downturn.

Canadian home prices recorded their biggest gain in more than two years, and sales advanced for a sixth straight month in another sign of health in the country's real estate market.

Reverse mortgages are surging in Canada as more older people join the country's debt bandwagon.

Toronto home sales and prices rose in August as demand continues to outstrip supply.

Genworth Financial agreed to sell its Canadian unit to Brookfield Business Partners for C$2.4 billion ($1.8 billion) as it works to win regulatory approval for its acquisition by China Oceanwide Holdings Group.

Genworth Financial's efforts to advance its sale to China Oceanwide hit a roadblock as bondholders did not respond to a consent solicitation for easing a possible Canadian mortgage insurance unit sale.

Canadian housing starts fell last month, led mostly by a drop in construction of semi-detached, row houses and apartments.

Renewed momentum in Canada's housing market is buoying consumer optimism.

Toronto home sales and prices continued to move higher in July amid tight supply.

Equitable Group Inc. and Home Capital Group Inc. are reaping a windfall from Canada's tighter mortgage regulations.

The oft-delayed sale of Genworth Financial might need new approvals from U.S. insurance regulators if and when it disposes of its Canadian mortgage insurance stake.

Toronto home sales jumped again in June, nudging prices higher and narrowing affordable options for buyers.

Genworth Financial is marketing its stake in Genworth MI Canada in a possible last-ditch effort to save the long-delayed proposed acquisition by China Oceanwide.

Canadian home sales activity continued to rebound last month, suggesting the nation's housing market is improving after a sluggish start to the year.

Toronto's housing market came storming back in May as sales in Canada's biggest city soared 19% from the same month a year earlier.