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Aug
1
OTTAWA (Reuters) – Canada’s long housing boom has drawn thousands into the sector, from realtors and home staggers to construction workers, and a looming slowdown threatens to trigger an exodus that could wipe out many of those jobs and force the economy to shift down. While housing has long been the main engine of Canadian […]
Jul
13
Tarek Mnaimne has been considering dipping his toes into the Canadian real estate market, particularly in Toronto or Montreal, but the rate hike from the central bank is giving him pause. “It just doesn’t look as attractive as it used to,” says Mnaimne, a Canadian expat currently working in Kuwait City as an investment analyst. […]
In Canada, a nation of Realtors braces for the end of the boom
OTTAWA (Reuters) – Canada’s long housing boom has drawn thousands into the sector, from realtors and home staggers to construction workers, and a looming slowdown threatens to trigger an exodus that could wipe out many of those jobs and force the economy to shift down. While housing has long been the main engine of Canadian […]