News

  • Oops! Forgetting closing costs for multi-family? by Christopher Seepe

    Investors who forget to factor in closing costs for buying a multi-residential property in Toronto and other key Canadian markets are closing their eyes to potentially tens of thousands of a dollars in expenses.

  • Raise rates now: OECD by Vernon Clement Jones

    Canada’s rock-bottom interest rates have simply got to go, according to an international development organization, suggesting tighter mortgage rules have done little to lessen the threat of a housing correction.

  • Property website speaks the language of investors by Caitlin Nobes

    From Canadians buyers hunting in the U.S. to Chinese investors searching for properties in this country – three quarters of a million people have now turned to a global real estate website since its launch six months ago.

  • Canucks grapple with climbing U.S. home prices by Kit Kadlec

    Canadian investors are finding fewer of the U.S. real estate bargains they scooped up in the past year as foreclosure numbers sink, in the process elevating seller expectation.

  • U.S. foreclosures migrate east by

    The target of Canadian foreclosure-hunters in the U.S. may soon shift east as the landscape of distress properties changes. In terms of volume of U.S. foreclosure properties this spring, the largest inventories seem to now be in the South and on the East Coast, according to market researcher RealtyTrac.

  • Flaherty: privatized CMHC doable by Vernon Clement Jones

    The government could eventually remove itself from the mortgage insurance game -- an assertion Jim Flaherty reiterated Wednesday, only weeks after becoming what may be the first finance minister to seriously suggest it.

  • Buyers increasingly view cottages as cash cows by Vernon Clement Jones

    Cottage buyers are thinking more and more like property investors, according to a new poll, revealing a growing interest in renting out those seasonal digs to cover the cost of acquisition.

  • 7 things graffiti artists don't want you to know by Caitlin Nobes

    The City of Toronto will spend $1 million on graffiti clean-up this year, although investors must continue to clear away any of that "art" on private property. CREW has found seven ways landlords can reduce their risk of being tagged in the first place -- information graffiti artists in Canada's urban centres don't want them to know.

  • Toronto home prices top Vancouver's by Editorial Team

    It's a dubious title, which now belongs to Toronto and not Vancouver, as home prices in Canada's largest city become chiefly responsible for skewing the national average.

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