A report from Sotheby's International Realty Canada and Mustel Group determined that 20% of young urban family homeowners deferred RRSPs in favour of purchasing a home
Much of the non-individual ownership lies outside Canada's CMAs, however
Brokers sceptical over CMHC foreign ownership data… Rental vacancies increase but still tight in many areas… Harper says the budget will still balance despite lower oil revenues… Housing starts fall in the US…
Mattamy Homes has announced it will acquire the Monarch Corporation -- boosting its presence in the Canadian high-rise market and providing new opportunities for investors.
In a first for CMHC, the Crown corporation has asked property managers in its Rental Market Survey to disclose what percentage of units are owned by foreign investors.
Most economists agree that interest rates will rise in 2015 – possibly as early as May – but property experts say the ups and downs of interest rates should never be the ‘be all, end all’ for an investor.
Have you ever thought of expanding your residential real estate portfolio to include commercial properties? Maybe now is the time to make the move.
Whether your aim is to bolster your property’s online profile or unearth the past secrets of a prospective purchase, search-engine sleuthing is worth the effort – after all, you wouldn’t start a new job or go on a blind date without a little Google search beforehand.
Household debt increases but previous estimate was too high… More homebuyers turning to alternative lenders… Consumer sentiment at its lowest for 10 months… Provinces call for more federal cash for infrastructure…
The Canadian Real Estate Association (CREA) has upwardly revised its forecast for annual housing sales in 2014 and 2015, projecting 481,300 units in 2014 – an annual increase of 5.1 per cent and the strongest annual sales since 2007.
Finance Minister Joe Oliver, who is currently in meetings with his provincial counterpart, has said the government may take steps to rein in an overvalued housing market.
CMHC fee increases could add hundreds of dollars to mortgage cost… November turns cooler, even in the hottest markets… CMHC sheds 215 jobs… Scotiabank breaks from the pack with interest rate prediction...
Perkins Coie is pleased to announce that Devin P. McComb has joined the firm’s Seattle office as a partner in the Real Estate & Land Use practice
Grimsby skyline to be reshaped by tallest buildings in city: two-tower residential complex
Connect Asset Management Challenges the Financial Community to Invest in Downtown Toronto Real Estate for a Good Cause