News

  • Investor demand sparks Sask. housing boom by Kit Kadlec

    Investor demand in many parts of Western Canada led to skyrocketing housing starts in March, with a surprising number of those cranes over Regina.

  • Supply challenges lift Toronto home prices by Kit Kadlec

    The appetite for real estate in Toronto has continued to grow, but supply is lagging behind, putting upward pressure on prices, according to the latest stats.

  • Time to pass on condo fees to tenants? by Vernon Clement Jones

    A new poll suggests as much as three-quarters of Canadian homebuyers see monthly fees as a small price to pay for the convenience and amenities of condo life – something that may ultimately benefit investors looking to pass on those costs to tenants.

  • BoC holds rate steady by Vernon Clement Jones

    A domestic economy regaining ground alongside its U.S. counterpart wasn’t enough stimulus for the Bank of Canada to increase its key overnight rate Tuesday, with the growing threat of global oil prices and uncertainty in Europe encouraging it to maintain the status quo.

  • Canuck investors eye Arizona's commercial horizon by Vernon Clement Jones

    It’s an opening in the western frontier that more pioneering Canucks are entering, looking beyond Arizona's residential market to its re-emerging commercial one.

  • National home prices hit by Vancouver slowdown by Kit Kadlec

    The average Canadian home price for March declined for the first time since September 2010, according to the latest figures from the Canadian Real Estate Association (CREA).

  • Investors, get ready for more bidding wars! by Vernon Clement Jones

    There’s yet more indication investors – even those focused on buying fixer-uppers – will face increased competition from desperate homebuyers, with national sales rising 2.5% in March even as the number of new listings fell.

  • Debate on banning foreign buyers resurfaces by Vernon Clement Jones

    It’s a controversial suggestion that isn’t about to go away, with new calls for a ban on property buying by foreigners -- increasingly faulted for outbidding local investors.

  • Fewer dishes on foreclosure Smorgasbord by Kit Kadlec

    Canadian investors are finding foreclosure offerings in the U.S. increasingly limited.

  • Half of Canucks bracing for pricier properties: BMO by Kit Kadlec

    About half (52%) of Canadians feel real estate will become more costly by 2014, according to a new survey by BMO Bank of Montreal, part of its annual Spring Housing Report released Thursday.

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