The Canadian Real Estate Association says home sales climbed 2.2 per in December compared with November as they recovered from a dip following the introduction of new mortgage rules
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Rock bottom mortgage rates and strong demand have B.C. home sales and prices reaching new heights, as the average price of a detached home in greater Vancouver reaches $1.1 million – a new milestone.
The amount of commercial space leased in May was down on a year-over-year basis, but the average industrial lease rate was up, suggesting the market remains strong, according to TREB.
Proposed legislation aimed at keeping condo disputes out of court has drawn mixed reactions from real estate players.
A landlord is being forced to pay $2,000 after a Human Rights Tribunal ruled she discriminated against a woman who was allegedly suffering from depression.
As Toronto prices continue to rise, one lesser-known neighbourhood in the city is poised to grow into an investment ‘hotspot.’
Talk of a condo oversupply in Toronto can be dismissed, according to two industry organizations reporting their best April since 2007.
Members of the real estate industry have called for CMHC to lessen its influence in the Canadian mortgage market, but one industry player believes it is setting a dangerous precedent.
Pompous, elitist, snobbish? Those are a few words some would use to describe a group of Torontonians fighting back against $500K homes in their million-dollar ‘hood.
The commercial real estate market in British Columbia is poised for strong future growth, according to the BCREA.