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Real Estate News

Weak oil hasn't dampened real estate prospects for Dream Unlimited: CEO
A notable voice in Canadian real estate says his company isn't rattled by gloom and doom over the state of the economy.
Posted on 7-31-2015 at 1:19 PM
Home Capital top execs accountable for mortgage controversy: President
Home Capital Group is doing damage control after it revealed it cut ties with 45 brokers following an internal investigation that uncovered falsified income verification documents.
Posted on 7-30-2015 at 6:54 PM
Vulnerability of Toronto, Vancouver housing markets 'comparatively high': TD
Toronto's housing market faces a "comparatively high" risk of a sudden price drop, according to a TD Economics report.
Posted on 7-30-2015 at 5:45 PM
Home Capital suspended mortgage brokers after anonymous tip last year
Home Capital Group Inc. began suspending mortgage brokers after its board of directors received an anonymous letter last fall complaining of “irregularities” about the income documentation of some of its insured mortgage borrowers, company officials confirmed Thursday.
Posted on 7-30-2015 at 1:50 PM
Home Capital severs ties with 45 brokers, probe reveals false documents
Home Capital Group revealed late Wednesday that it cut ties with dozens of mortgage brokers because of an investigation revealed they had falsified documents about borrowers’ incomes.
Posted on 7-29-2015 at 5:31 PM
Calgary real estate board warns housing sales to plunge 22%
The effects of falling oil prices are only starting to be felt in Calgary’s housing market, the city’s local real estate board warned, with home prices expected to fall further as unemployment continues to rise.
Posted on 7-29-2015 at 1:16 PM
This Vancouver parking spot is on sale for a whopping $45,000
The spot is in a commercial parking lot located near Rogers Arena, where the Vancouver Canucks play, and measures 145 square feet.
Posted on 7-28-2015 at 9:16 AM
Target’s struggle to sell stores exposes Canada’s weak retail leasing market
Insolvent Target Canada’s sale of its store leases and other properties fetched far less than the amount the retailer spent initially acquiring its leases – a reflection of the softening retail real estate market in the wake of the U.S. discounter’s exit from Canada.
Posted on 7-27-2015 at 8:23 AM

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