Toronto has ascended to the acme of global cities, but it appears its expeditious rise vastly outpaced infrastructure development—the ramifications of which will soon be felt
Sales breached record levels ahead of stricter mortgage rules
Montreal mortgage brokers worried that home prices were growing too fast for clients to keep pace can stop wringing their hands, with new numbers suggesting their hot market is starting to cool.
Miami’s rental market has emerged as one of America’s best investment spots largely as a result of depressed home values and record levels of foreclosures in the city.
While other major Canadian cities continue to see rising home prices, Calgary has remained an exception.
National home resale prices rose for a seventh consecutive month in June, recording the biggest jump since August 2009, according to Teranet.
Following record deal and volume highs in British Columbia’s commercial real estate market last year, investment returned to more typical levels in the first half of 2011, according to Avison Young’s mid-year report.
Canadian Real Estate magazine is proud to welcome Hali Strandlund, President of Fisgard Capital one of Canada’s largest mortgage investment companies (MICs), onto its panel of judges for the 2011 West Coast Top Investors Awards.
It might be a stretch to call it stability, but none of the 20 cities covered in the S&P/Case-Schiller housing price index reached new lows in June. It’s telling about the state of the U.S. market that S&P/Case-Schiller would highlight such a point in its press release.
Refinancing activity of insured mortgages in Canada dropped 40% following the federal government’s tightening of mortgage rules in March, according to a second quarter financial recap report out this week by the Canada and Mortgage Housing Corporation.
Faced with foreclosure recently, a British Columbia property owner vacated his property but then did something more unusual – rented out the property to a tenant as the bank took over ownership. While successful at first, the strategy eventually panned out when the bank sold the property and the tenant refused to vacate.
Canadian might be in line for another recession, especially if the U.S. economy slumps further, according to TD Economics.
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
The event will also feature a panel of industry experts and a presentation on the state of the Hamilton-Burlington housing market