Frank Salvatore

Government Housing Policies are Adding to Risks for the Economy

October 19, 2011 by · Leave a Comment 

TORONTO, Oct. 17, 2011 /CNW/ – A report by noted housing economist Will Dunning, entitled Restricted Land Supply and Rising Housing Costs in the GTA, concludes that government-imposed costs and constraints on land supply have caused both the prices of new housing and the level of economic risk to rise.

The Canadian resale housing market holds steady in March

April 18, 2011 by · Leave a Comment 

Existing home sales in unit terms were essentially unchanged in March, up only 0.1% in seasonally adjusted terms versus February. It seems that purchasers looking to buy ahead of the March 18th change to mortgage rules did so earlier in the year, raising first quarter home sales 4.5% higher than Q4.

Frank Salvatore