News

  • Legislation: Put that offer in writing by Vernon Clement Jones

    Investors told they face multiple bidders on a property could soon get that in writing and not just rely on the say-so of a Realtor.

  • Investors still facing bidding wars by Vernon Clement Jones

    A word to the wise – the wise investor that is: The underpricing strategy favoured by so many sellers in boom times is still in play across key markets.

  • The best of Canada's REITs by Vernon Clement Jones

    Not all men are created equal and neither are the darlings of Canadian investment – REITs. That at least is the conclusion of new market research by BMO Nesbitt Burns, attempting to sort the real estate wheat from its chaff.

  • Montreal: Canada's hottest luxury home market? by Christopher Myrick

    A survey released by Sotheby’s International Realty Canada suggests foreign buyers are helping drive growth in luxury home sales across key Canadian markets, especially Montreal.

  • BoC maintains tightening bias by Christopher Myrick

    Cheap money will remain the norm in Canada, with The Bank of Canada Wednesday maintaining its benchmark overnight rate at 1% -- even as it alluded to an inevitable increase, despite a downgraded economic forecast.

  • Condo rentals surge as sales fall by Vernon Clement Jones

    Greater Toronto Area Realtors reported a 13 per cent rise in the number of condominium apartments rented through the MLS system in the first quarter, even as actual sales fell compared to the same year-ago period.

  • March real estate sales out like a lamb by Christopher Myrick

    National existing home sales were down 15.3% in March from a year earlier, although volumes edged upward on a month-over-month basis, gaining 2.4% over February, the Canadian Real Estate Association (CREA) said Monday.

  • Condo developers offer rent-to-own by Vernon Clement Jones

    Investors are facing a new kind of competition from condo developers offering rent-to-own programs for young Canadians who’d rather own than lease, despite tighter mortgage rules.

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