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Real Estate News

How Brexit could add more fuel to Canada’s hottest housing markets
Canada’s economy is facing yet another potential setback as the spillover effects of Brexit threaten to weigh on growth here at home.
Posted on 6-24-2016 at 12:13 PM
U.S. new home sales in May fall from eight-year high
New U.S. single-family home sales fell in May from a more than eight-year high amid weakness in three regions, but the overall housing market remains intact.
Posted on 6-23-2016 at 10:12 AM
Generation X buying twice as many of cottages as Baby Boomers: Royal LePage
A new report from realtor Royal LePage says members of so-called Generation X are buying twice as many cottages as Baby Boomers.
Posted on 6-23-2016 at 9:37 AM
Canada creates working group to study booming housing market
With home prices booming and fears of a bubble, Canada's finance minister on Thursday announced a working group of federal, provincial and municipal officials to recommend policy changes.
Posted on 6-23-2016 at 8:57 AM
Vancouver mayor vows to tax empty homes, even without B.C.'s help
Vancouver will find a way to tax its vacant homes, possibly by treating them as business investments, in order to ease the Canadian city's housing affordability crisis, Mayor Gregor Robertson said on Wednesday.
Posted on 6-22-2016 at 10:02 PM
RBC says home affordability worsens as prices in Vancouver and Toronto rise
The Royal Bank says housing affordability in Canada worsened in the first quarter as the cost of ownership in Vancouver and Toronto increased.
Posted on 6-22-2016 at 11:04 AM
'The ship has been righted': Suttles praised for Encana’s $10B makeover
Three years into his tenure as CEO of Encana, Doug Suttles is still cleaning up the mess he was handed in 2013. Encana sold some of its property Tuesday to Birchcliff Energy for $625 million, marking the ninth major asset sale spearheaded by Suttles since he took the top job.
Posted on 6-21-2016 at 5:33 PM
As Toronto’s luxury market booms, here’s what $20 million can buy you
This $18.8M home in Toronto's Bridle Path neighbourhood comes with 10 bedrooms, 13 bathrooms and is set on about 33,000 square feet - and is being sold by former Dragon's Den star Robert Herjavec.
Posted on 6-20-2016 at 12:55 PM

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