Top mortgage stories of the week:

• "Soft landing at worst" for Canada housing market - Scotiabank CEO
• Canadian Real Estate Association cuts home sales forecast for this year and next
• Trend in single homebuyers

This Week's Quotation:

“ Promote yourself, but do not demote another. ” - Israel Salanter

"Soft landing at worst" for Canada housing market - Scotiabank CEO

New data showing a slowdown in Canada's hot housing market was largely expected and a market correction will not have a significant impact on the Canadian economy or on its big banks, the head of Bank of Nova Scotia said on Tuesday… Read more....

Canadian Real Estate Association cuts home sales forecast for this year and next

The Canadian Real Estate Association cut its 2012 and 2013 outlook for home sales and lowered its national average price forecast on Monday as it reported the biggest month-to-month drop in activity in two years… Read more....

Trend in single homebuyers

With an increasing trend in one-person households in Canada, more people these days are buying homes on their own. According to TD Canada Trust research, 47 per cent of first-time homebuyers in Alberta buy their first home on their own (without a co-purchaser). In Canada, that percentage is 43 per cent… Read more....