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
A Texas man has claimed ownership of a house recently valued at $300,000 for just $16 by taking advantage of a rare circumstance and law.
The Bank of Canada chose to hold its trendsetting interest rate at 1% Tuesday largely as a result of subdued economic activity in the U.S. and the mounting debt crisis in Europe.
The option of rent control and reform of it has been debated across Canada, especially in cities like Winnipeg and Ottawa, where vacancies are low and rents are rising.
Canadian house prices climbed again in June, coming in nearly 10% above last year’s levels, but many analysts now say the steady ascent will soon come to an end.
Residential sales in Montreal increased for the first time in 14 months, rising 5% from June 2010, according to the Greater Montreal Real Estate Board (GMREB).
A report by TD Economics out this week predicted resale activity and average prices in Canada would decline by 15.2% and 10.2% respectively over the next two years.
Using a method rarely seen in Canada, a Quebec mansion sold for $3.4 million in an open-outcry auction on Tuesday.
The political deadlock between Democrats and Republicans over raising the U.S.’s debt ceiling may not be resolved in time for the Aug. 2 deadline, a result that could cause the world’s largest economy to default on its debt, says CRE contributor and author Peter Kinch.
Last week’s announcement that Realtysellers and PropertyGuys.com had merged to create a real estate powerhouse offering both private listing and brokerage services has only added to the reality that most Realtors must get competitive or get out of the business altogether, says a Burlington real estate agent.
Vancouver might have highest home prices in Canada, but a new survey ranked Toronto as the most expensive city in terms of cost of living, according to a report by consulting firm Mercer.
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