News

  • Royal LePage: Forget about a housing correction! by Vernon Clement Jones

    Royal LePage is pooh-poohing predictions for a correction in Canadian home prices, suggesting all signs point to a near-3 per cent rise in the national average by the close of 2012.

  • TheRedPin first to combine MLS and new condo listings by

    Searching MLS listings in the GTA just got a whole lot easier, with TheRedPin.com becoming the first to add that comprehensive information -- once reserved for Realtor eyes -- to its exhaustive database of new and pre-construction condo listings.

  • Construction starts building bubble concerns by Vernon Clement Jones

    Economists predicting a correction haven’t yet decided whether to call it a blessing or something else, but a spate of condo projects in Toronto drove the country’s housing starts higher than expected in December – almost 15,000 above the previous month’s.

  • 'Second-best' year for T.O. home sales by Vernon Clement Jones

    2011 handed Greater Toronto its “second-best year” in terms of real estate transactions, according to the city’s association of Realtors, pointing to 4,718 sales in December, alone.

  • Brokers and bankers square off on 30-year amortization by Vernon Clement Jones

    While bank economists seem increasingly resigned to the potential loss of the 30-year amortization, brokers insist that move would unfairly tie of the hands of property investors looking to maximize the bang for their buck.

  • Residential permits bounce back in November by Kit Kadlec

    On the heels of three straight months of mild declines, residential building permit values made up for ground lost in November with a 6.9% gain over the previous month, according to figures released by Statistics Canada.

  • 'Curb appeal maintenance' takes a backseat by Vernon Clement Jones

    The already-low pressure to perform “curb appeal maintenance” will fall even further in Alberta and other increasingly tight rental markets this year, says one Calgary expert, at the same time cautioning property investors.

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