After being rattled by the Great Recession, resort town property values are through the roof, and the resulting influx of out-of-towners has put pressure on locals, who are having difficulty affording homes
"It often seems like the left hand and the right hand are not speaking"
Vancouver’s real estate market might be considered overinflated to some analysts lately, but the Real Estate Board of Greater Vancouver (REBGV) says it’s actually balanced.
The cost of a Toronto parking space has risen beyond the cost of an average car, according to a story in the Toronto Star this week.
Fewer homeowners did renovations in 2010 than a year earlier, according to a survey from the Canada Mortgage and Housing Corporation (CMHC)
June residential sales in Calgary have picked up from the same time last year, according to the latest figures.
TD Economics is projecting that 10,000 jobs will be added to the Canadian economy in June, but it won’t be enough to push Canada’s 7.4% unemployment rate down any lower.
A new report is identifying Montreal and Ottawa – not Vancouver – as the country’s hottest housing market.
A London-based research firm said Canada’s housing market will see values drop 25% over the next three years.
In the wake of the hugely successful InvestorForum in Toronto in March, CRE Magazine spoke with readers nationwide with an eye to creating yet another industry event tailored to the professional investor. The overwhelming response was for more of the same - two days of high level industry education and networking - but this time on the other side of the country.
Led by a recovery in employment, office construction is picking up again across Canada, according to a second quarter report by CB Richard Ellis Ltd. (CBRE).
The national average price, released each month by the Canadian Real Estate Association, no longer serves as an accurate benchmark to compare local price statistics against, and should consequently be eliminated, says former MP Garth Turner.
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