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
A tightened office market has encouraged future commercial development plans in Vancouver, according to a new report by Avison Young.
The Canadian Real Estate Association’s decision to allow brokerages and third-party websites to carry Realtor.ca listings is in no way a game changer for the 100,000-member organization, according to group’s chairman of technology. In fact, the move keeps CREA’s member boards firmly in control of the most important information, coveted by homebuyers and investors alike: sales statistics.
Police had to condemn the properties of a few landlords in the Calgary area after they were found to house marijuana growing operations under the Hells Angels bike gang.
Government officials in Manitoba are proposing tighter rent controls that would make raising rents more difficult in the province for landlords.
The Harper government’s policy to permit 40-year, zero-down mortgages in 2006 laid the groundwork of Canada’s housing bubble and put the country’s real estate market on course for a significant price correction, says former MP Garth Turner.
Toronto’s tightening office vacancy has been nearly halved in the past 12 months in the downtown area, according to a report by Avison Young.
A Texas man has claimed ownership of a house recently valued at $300,000 for just $16 by taking advantage of a rare circumstance and law.
The Bank of Canada chose to hold its trendsetting interest rate at 1% Tuesday largely as a result of subdued economic activity in the U.S. and the mounting debt crisis in Europe.
The option of rent control and reform of it has been debated across Canada, especially in cities like Winnipeg and Ottawa, where vacancies are low and rents are rising.
Canadian house prices climbed again in June, coming in nearly 10% above last year’s levels, but many analysts now say the steady ascent will soon come to an end.
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