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Real Estate News

High housing prices driving millennials out of Vancouver
The high living costs in Vancouver are driving millennials out of the city, which could trigger future labour shortages, according to a new report.
Posted on 5-21-2015 at 10:32 AM
Manulife planning IPO of U.S assets in Singapore
The Toronto-based insurer is seeking to list some of its U.S. property assets in Singapore in the second half of the year in an initial public offering worth $450 million US, two people familiar with the deal said.
Posted on 5-21-2015 at 8:19 AM
There is no housing bubble in Canada: Finance Minister Joe Oliver
Finance Minister Joe Oliver said he’s confident the country’s housing market isn’t in a bubble, setting aside any further action to curb activity.
Posted on 5-20-2015 at 10:15 AM
Boardwalk REIT to benefit from Alberta home slump as rentals spike
Rising demand for rental housing is good news for Boardwalk Real Estate Investment Trust and Mainstreet Equity Corp., two of the western Canadian province’s largest apartment building owners.
Posted on 5-19-2015 at 2:31 PM
Wal-Mart results miss estimates as U.S. dollar surges
Wal-Mart Stores Inc., the world’s largest retailer, posted first-quarter earnings that missed analysts’ estimates after U.S. sales grew more slowly than projected and currency fluctuations ate into profit.
Posted on 5-19-2015 at 7:49 AM
Real Estate Watch: Toronto, Montreal power April home sales higher
April sales increased from the previous month in two-thirds of all local markets, led by the Greater Toronto Area, the surrounding Golden Horseshoe region, and Montreal.
Posted on 5-15-2015 at 9:51 AM
New home prices fall in Calgary
In Calgary, prices fell 0.4 percent, the first decline since November 2011 after two months of no price change. Builders said the decrease was partly due to promotions needed to attract sales.
Posted on 5-14-2015 at 9:42 AM
Real Estate Watch: Why Rona is cautious with snapping up Target leases
Home improvement retailer Rona is playing it safe when it comes to acquiring insolvent Target Canada’s remaining leases.
Posted on 5-13-2015 at 11:04 AM

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