The new City of Toronto legislation restricting Airbnb apartments could spell bad news condo investors
The fall was observed amid a growing pool of homes for sale
Despite growing concerns with the U.S. economy, a survey of senior executives on Canadian commercial real estate showed confidence remained high here, with a score of 66 out of 100 on the index reflecting third quarter expectations.
Lenders will likely introduce lower five-year mortgage rates to consumers in response to the latest dip in Canadian bond yields, which are now at historic lows, according to CRE contributor Peter Kinch.
Canadian housing starts rose 4.3% to reach 205,100 in July, led by a double-digit percentage increase in urban multi-unit starts, according to the Canada Mortgage and Housing Corporation (CMHC).
Recognizing the tough shape that the U.S. economy is in, the Federal Reserve on Tuesday promised to hold short-term interest rates near zero at least until the middle of 2013.
Home prices and sales across the country dropped in most major markets in July compared to a month earlier, but that’s not what local real estate boards are reporting in their press releases.
It’s not just Canadian investors – criminals are also banking their real estate money in U.S. properties now according to a new report.
The Canadian Real Estate Association’s decision to open up its listings to third-party websites may not be enough to satisfy Competition Commissioner Melanie Aitken, who could still demand that the organization provide access to its sales statistics online, according to Walter Melanson, PropertyGuys.com director of partnerships.
A slight drop in home prices in Vancouver for July has raised concern that the market could be turning downwards.
Provincial governments should eliminate rent controls and, instead, provide more subsidized housing to make real estate investing profitable once again for landlords struggling with rising utilities bills, says the president of Canadian Federation of Apartment Associations.
Saskatoon’s retail market is booming, spurred by increasing resource development that’s bumped employment and population growth, according to a new Colliers International report.
Connect Asset Management Challenges the Financial Community to Invest in Downtown Toronto Real Estate for a Good Cause
The event will also feature a panel of industry experts and a presentation on the state of the Hamilton-Burlington housing market
Blue Pearl Mortgage Group Inc. is expanding its footprint once again, this time with services in Ontario