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Real Estate News

Brookfield planning $500M dividend for services spinoff
Brookfield Asset Management Inc., Canada’s largest asset manager, will spin off about 35 per cent of Brookfield Business Partners LP through a special dividend.
Posted on 10-07-2015 at 8:03 AM
Canada’s real estate market won’t crash, says Riocan’s CEO
He expects Canada’s hottest real estate markets in Toronto and Vancouver to continue gathering strength as more Canadians flock to urban centers and immigration inflows remain consistent.
Posted on 10-06-2015 at 2:46 PM
Condos the only option for average Toronto first-time homebuyers
Condos are the only affordable option for average first-time homebuyers in Canada’s largest city, according to data from two real estate authorities released Monday.
Posted on 10-05-2015 at 2:33 PM
U.S. home price growth steady in July: S&P/Case-Shiller
U.S. single-family home prices rose in July, matching the pace of price gains in June but falling just short of expectations, a closely watched survey said on Tuesday.
Posted on 9-29-2015 at 9:38 AM
U.S. pending home sales decline in August
U.S. housing may be losing some steam, as pending home contracts saw a decrease in August.
Posted on 9-28-2015 at 1:13 PM
RioCan to buy out 22 properties from Kimco for $715M
RioCan Real Estate Investment Trust will pay $715 million to buy stakes in 22 properties from Kimco Realty Corp. as it unwinds its Canadian joint venture with the U.S. REIT.
Posted on 9-24-2015 at 10:21 AM
Judge rejects call to step away from real estate competition case
The Toronto Real Estate Board has lost its bid to have a Federal Court judge quit hearing the Competition Bureau’s challenge of a board policy against the online publication of house sale data.
Posted on 9-22-2015 at 1:52 PM
Case against Toronto Real Estate Board grinds to halt
William Sasso, a lawyer for TREB, said he intended to bring a motion asking Justice Paul Crampton to recuse himself because he could appear to be biased, but said the real estate board needed more time to go through its records to build its case.
Posted on 9-21-2015 at 3:16 PM

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