News

  • After record high 2010, British Columbia’s commercial real estate sales sink back 42% by

    Following record deal and volume highs in British Columbia’s commercial real estate market last year, investment returned to more typical levels in the first half of 2011, according to Avison Young’s mid-year report.

  • New judge added for 2011 West Coast Top Investors Awards by Editorial Team

    Canadian Real Estate magazine is proud to welcome Hali Strandlund, President of Fisgard Capital one of Canada’s largest mortgage investment companies (MICs), onto its panel of judges for the 2011 West Coast Top Investors Awards.

  • Mixed results for U.S. housing by

    It might be a stretch to call it stability, but none of the 20 cities covered in the S&P/Case-Schiller housing price index reached new lows in June. It’s telling about the state of the U.S. market that S&P/Case-Schiller would highlight such a point in its press release.

  • New lending rules drop CMHC mortgages by 40% by

    Refinancing activity of insured mortgages in Canada dropped 40% following the federal government’s tightening of mortgage rules in March, according to a second quarter financial recap report out this week by the Canada and Mortgage Housing Corporation.

  • BC court rules against tenant in foreclosed home by

    Faced with foreclosure recently, a British Columbia property owner vacated his property but then did something more unusual – rented out the property to a tenant as the bank took over ownership. While successful at first, the strategy eventually panned out when the bank sold the property and the tenant refused to vacate.

  • Canada could be approaching another recession: TD Economics by Editorial Team

    Canadian might be in line for another recession, especially if the U.S. economy slumps further, according to TD Economics.

  • House prices will remain stable through 2011, then rise in 2012: CMHC by Editorial Team

    The Canada Mortgage and Housing Corporation yesterday said that there will not be a correction in price this year, and that prices will continue to rise.

  • CRE announces judges for Top Investor Awards by Shane Buckingham

    CRE has enlisted some of the biggest names in Canadian real estate to help decide just who qualifies as the Top Investors in the West. Real Estate Investment Network (REIN) President Don Campbell, leading real estate mortgage broker Peter Kinch and top real estate author Douglas Gray will headline that judging panel at CRE's InvestorForum in Vancouver. Stay tuned: next week, CRE will announce the names of two other judges – also distinguished members of Canada’s property investment community.

  • House prices remain relatively affordable to previous years: RBC by Editorial Team

    House prices may be up nationally, but affordability of the housing market hasn’t changed much yet in Canada this year, according to a new Royal Bank of Canada report.

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