OTTAWA -- Canada's housing market is expected to ease in 2010 and 2011 as the market returns to more balanced conditions, Canada Mortgage and Housing Corporation said Wednesday.

"Canadian housing markets have recovered from the low levels posted in early 2009," Bob Dugan, chief economist for CMHC, said in a release.

"Moving forward, housing starts will moderate as activity becomes more in-line with...

Interesting article from the Financial Post... 

OTTAWA - Real estate investment is ready for a rebound, according to an international survey that suggests both real estate investors both in Canada and abroad are ready to put some faith - and some money - in the market.

Respondents to the 2010 Global Investor Sentiment Survey said access to financing was becoming easier, and the majority of private...

GOTTA HAVE HEART: The very oldest part of Vancouver is becoming new again. Not just cosmetically tarted up as Gastown was in its early-1970s first revival. “These buildings are now considered new for insurance purposes,” said Robert Fung. He meant the $65-million-worth of development his Salient Group is near to completing on Maple Tree Square and along Water Street.

The adjacent properties include...

Informative artice by Paul Viera, Financial Post... 

The Bank of Canada scrapped on Tuesday its conditional commitment on interest rates, setting the stage for a June hike if it so chooses.

The move had an immediate impact on the Canadian dollar, as it surged by US1.6¢ to trade just over parity with the U.S. currency, as of 10 AM ET. Bond yields across the board climbed, with the yield on the two-year...

Interesting article by Garry Marr, Financial post... 

Consumers began listing their homes in droves last month which should take some pressure off the heated housing market, the Canadian Real Estate Association said Thursday.

The Ottawa-based group said 97,663 homes were listed for sale across the country in March, a 20% increase from the same period in 2008. A total of 233,402 new listings have...