News

  • CIBC: real estate to dip 10%-15% in medium-term by Editorial Team

    The real estate market in Canada is headed toward a 10%-15% drop in prices over the next few years, as interest rates eventually increase, said the CIBC's Benjamin Tal on Thursday.

  • Canuck housing activity hits speed bump by Vernon Clement Jones

    Housing starts fell last month by nearly 15% from October's 208,800 units, a decline felt across almost all segments of the construction market.

  • TREB: Toronto prices up an 'affordable' 10% by Editorial Team

    The average price of a Toronto home is now about 10% higher than a year ago, according to the latest statistics from the city's real estate board.

  • Alberta investors hit 'sweet spot' by Vernon Clement Jones

    Alberta investors focused on cash flow today – and capital gains tomorrow -- have hit Canada’s “sweet spot,” said one expert, suggesting the province will likely remain a landlord’s market well into 2014.

  • BoC: Europe crisis blocks rate change by Editorial Team

    Uncertainty about the world economy, especially the crisis in Europe, left the Bank of Canada little choice but to leave its overnight rate at 1 per cent for the tenth consecutive review, said the Bank Tuesday.

  • Toronto Realtors take tax fight to City Hall by Vernon Clement Jones

    Toronto Realtors continue their push for repeal of the city’s land transfer tax, heading to City Hall this week with a new survey supporting the move despite the budget crisis.

  • Canadian real estate “defies logic” in 2011 with growth: Re/Max by

    Canada’s real estate market surpassed expectations in 2011, despite global economic concerns, according to a year-end report by Re/Max.

  • Re/Max: a stable 2012 ahead by Editorial Team

    The Canadian housing market will continue along its growth trajectory in 2012 despite concerns over the European debt crisis and its impact on the global economy, according to a report released today by RE/MAX.

  • ING offers investors new HELOC by Vernon Clement Jones

    IING Direct will move this month to register all new mortgages as collateral charge, paving the way for a new HELOC to be offered by mortgage brokers.

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