News

Positive outlook for housing starts in 2015… Most markets to see increased prices over next 12 months… Most expensive house for sale in Canada revealed… Wages hike forecast for next year…

Confidence among property investors in Quebec has reached a five-year low, according to a report.

The commercial real estate market in Regina continues to experience serious growth, according to a new report, but the trend doesn’t necessarily benefit landlords.

Vancouver hit by dramatic drop in house values… BoC predicts lower house prices due to oil declines… Commercial property offers variety… Revenue Agency aims to improve communications…

In its monetary policy report released yesterday the Bank of Canada admitted that some of our markets are far from a soft landing. The report noted that the market has rebounded following the very cold winter and benefitted from low interest and mortgage rates and that housing activity has been “more robust than anticipated”.

CMHC admits data vacuum on foreign investors… Vancouver property tax is outdated and unfair say critics… Calgary’s population keeps on growing… US housing market continues to grow…

While CMHC and others move towards quantifying data around foreign investment in Canada’s housing market, it is important those efforts not be seen as open season on international buyers, caution analysts.

Chinese investors are increasingly in the know come time to select the next best real estate market, with a new report on their preferred U.S. locations offering Canadian investors a roadmap.

Investors in acquisition mode should allow for the municipal land transfer tax as two of Toronto’s three mayoral candidates have made it clear that its reduction or elimination will not be an option after the election.