News

  • Phew! GTA sales fall a modest 1.3% by Vernon Clement Jones

    Fears of a major slowdown for Canada's largest market appear to be overblown, with January sales falling a modest 1.3 per cent from a year ago and prices actually climbing in excess of 4 per cent.

  • 'Special' condos for special investors by Vernon Clement Jones

    It’s a special condo project that may require no less special an investor, with developers hoping to bring Winnipeg its first residential develop made entirely of – wait for it – shipping containers.

  • Commercial listings go off the grid by Jemima Codrington

    Investors fishing for commercial properties will increasingly have to cast their nets wider than MLS and troll the websites of a growing number of "private" listings off the grid.

  • Fewer Canadian snowbirds flying to Florida by Vernon Clement Jones

    The appetite for Florida property is starting to wane among Canadian snowbirds, according to a new report from Realtors anxious to address concerns about rising prices.

  • Relief from prepayment penalties arrives by Vernon Clement Jones

    “Uncle” -- that may be what CMHC is finally saying to cooperative housing complexes facing hundreds of thousands of dollars in prepayment penalties as they attempt to break mortgages with the Crown corporation.

  • Investors shaken by credit downgrade for Big Banks by Vernon Clement Jones

    Moody’s move Monday to downgrade the long-term credit ratings of six Canadian banks sent a chill through investor circles, amid fears that all markets will face significant correction.

  • GTA single-family prices alienate cash-flow investors by Jemima Codrington

    According to RealNet Canada Inc., the price of a new, single-family home in the GTA has risen 16 per cent in one year – a phenomenon limiting the cash flow horizons of would-be investors in those properties.

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