News

  • 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.

  • Investors react to new bank complaints process by Vernon Clement Jones

    Investors increasingly put out by “mysterious” underwriting decisions at the big banks may be less than pleased by changes to a complaints process that still allows lenders to handpick ombudsmen.

  • Realtors move to specialize in investor deals by Vernon Clement Jones

    A leading GTA brokerage is among those shifting its focus to investors, a tacit acknowledgement of the power and, indeed,the proliferation of those property buyers and sellers.

  • Homebuyer adaptability rains on landlord dreams by Vernon Clement Jones

    A new survey is suggesting any boon for landlords because of tighter mortgage rules may be temporary, with young Canadians deferring and not abandoning their home-buying dreams.

  • Realtors to buyers: Price drops ain't gonna happen by Christopher Myrick

    House prices remained relatively flat in the first quarter of 2013 compared to a year earlier, with increases across the country averaging between 1.2 per cent and 2.4 per cent, according to a new survey released Thursday.

  • How to hold onto good tenants by Jemima Codrington

    Placing an average cost on tenant turnover is hard, given the number of variables. But it can be a stressful process, especially if the new tenants don’t hold a candle to the ones that just left.

  • REITs now driving TSX growth by Vernon Clement Jones

    It has increasingly fallen to REITs to bring new offerings to the TSX and other Canadian exchanges, according to a new report from PwC, identifying those trusts as responsible for all IPOs in the first quarter.

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