Market Update

  • Former mortgage broker jailed for 4.5 years by Steve Randall

    A former Calgary mortgage broker was jailed for 4.5 years Thursday after a court found him guilty of 23 counts of theft and fraud last year

  • BC housing plan to cut sales, prices says TD economist by Steve Randall

    Many of the housing-focused measures announced in the British Columbia budget this week will have a more muted impact than those implemented in recent years; but there will be a decline in both sales and prices

  • Real estate tax cheats probed by CRA by Steve Randall

    The Canada Revenue Agency says that it is investigating real estate transactions in British Columbia to search out tax cheats

  • GTA rental supply tightens as sellers hold back by Steve Randall

    There was a 10 per cent year-over-year drop in the number of rental units rented through the MLS system in the Greater Toronto Area in the second quarter of 2016 as supply tightened

  • Growth in new home prices doubled in June by Steve Randall

    The price of new homes was up 0.7 per cent in June, more than doubling the rate of growth in the previous month (0.3 per cent) according to Statistics Canada

  • BC market remains tight by Steve Randall

    There were a record 12,906 homes sold in British Columbia in June, up 14.3 per cent from a year earlier while the dollar volume surged 25.7 per cent to $8.97 billion

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