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Real Estate News

RBC economist predicts home price declines in 2016 as rates rise

An economist at Canada’s biggest bank says home prices could start falling in 2016 if interest rates return to more normal levels. And he warned that, in the meantime, what goes up will...

Posted on 8-20-2014 at 8:13 PM
 Housing sales in July highest since early 2010

Housing sales in July highest since early 2010

The number of existing homes that changed hands in Canada during July was the highest it’s been since March 2010, the Canadian Real Estate Association said Friday.

Posted on 8-15-2014 at 9:56 AM

Toronto 'Condo King' debunks CMHC study

Realtor and developer Brad Lamb – known as Toronto’s “Condo King” – says half of Toronto’s condominiums are in the hands of investors. More than double the 17 percent stated in a Canada...

Posted on 8-14-2014 at 4:03 PM
Canada new housing prices climb for a seventh month

Canada new housing prices climb for a seventh month

New housing prices in Canada rose 0.2 percent in June from May, as analysts expected, gaining for a seventh consecutive month, Statistics Canada said on Thursday.

Posted on 8-14-2014 at 9:32 AM

Low mortgage rates showing signs of turning around housing market

Forecasters are hiking their expectations for Canada’s housing market amid signs low mortgage rates are energizing sales, construction and prices.

Posted on 8-14-2014 at 5:02 PM

50% of condos are owned by investors: developer

Last week CMHC wrote in a report that about 17 percent of condo in Toronto and Vancouver are bought for investment purposes. Brad Lamb, who has invested about $1 billion in the Canadian...

Posted on 8-13-2014 at 6:25 PM
Canadian home prices continue upward swing in July

Canadian home prices continue upward swing in July

Canadian home prices showed momentum in July, rising 1.1 percent from June, according to the Teranet-National Bank house price index.

Posted on 8-13-2014 at 10:11 AM
Canadian housing starts rise in July, bucking forecasts

Canadian housing starts rise in July, bucking forecasts

Canadian housing starts bucked forecasts and rose in July, data on Monday showed, but analysts said the recent resumption of the housing market's upward drive is likely to falter if...

Posted on 8-13-2014 at 9:34 AM

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