A report from Sotheby's International Realty Canada and Mustel Group determined that 20% of young urban family homeowners deferred RRSPs in favour of purchasing a home
Much of the non-individual ownership lies outside Canada's CMAs, however
Property investors looking to sell single-family homes in Toronto and Vancouver will likely see prices shrink little by little, month by month, suggests one economist, reacting to a new report on Canada’s housing market.
New, tighter mortgage rules appeared to push home sales off the proverbial cliff September, falling 15 per cent from a year ago, according to numbers from the national Realtors association.
The unsinkable Canadian real estate market appears to be just that, with new numbers pointing to continuing price growth in the country’s biggest market, despite fears of a correction.
Winning the Newcomer of the Year title at last year’s West Coast Top Investor Awards was just the boost Robert Dreskai needed.
As softening prices and tighter lending restrictions transform Montreal into a buyer’s market, Toronto insiders are divided on whether their city is already there.
Few economists predict it and most investors shutter at its mention, but the IMF is now suggesting the Canadian government may again have to intervene if its most recent mortgage rule changes fail to reverse the debt trend of consumers.
Brock Rogerson wears two hats - juggling his full-time career with his investing interests. However, winning a West Coast Top Investor Award has been beneficial to him in both roles.
The realities of a slower housing market have now come home to roost on Canadian construction sites, with housing starts starting to slow, especially in Toronto.
The sky may or may not be falling, but Canada’s real estate market won’t be falling off the cliff anytime soon, says the federal finance head.
In a recent poll, CREW asked investors to pinpoint at what stage in their portfolio development should a property manager be called in. And judging by the results, those readers are an independent bunch.
Perkins Coie is pleased to announce that Devin P. McComb has joined the firm’s Seattle office as a partner in the Real Estate & Land Use practice
Grimsby skyline to be reshaped by tallest buildings in city: two-tower residential complex
Connect Asset Management Challenges the Financial Community to Invest in Downtown Toronto Real Estate for a Good Cause