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Real Estate News

U.S. pending home sales surge to highest level since early 2006
Contracts to buy previously owned U.S. homes surged far more than expected in April to the highest level in more than a decade, another sign the economy has gained steam during the second quarter.
Posted on 5-26-2016 at 10:16 AM
Struggling to save: Why millennials can’t buy the houses they want
Almost two thirds of Canadian millennials want to buy a house in the next five years, but almost half haven’t started saving, according to a survey released on Tuesday by CIBC.
Posted on 5-24-2016 at 12:55 PM
Dozens of real estate firms not compliant with anti-money laundering rules
At least 85 real estate companies have not implemented a plan showing how they are trying to detect money laundering and other suspicious transactions, nearly 15 years after they were required to do so, according to data obtained by The Canadian Press.
Posted on 5-24-2016 at 8:28 AM
High cost of home ownership exposes strains in Canada’s housing market
A Manulife Bank Canada report shows more than one third of Canadian homeowners were unable to cover expenses at least once this year. Less than half think they'll have enough savings for retirement.
Posted on 5-24-2016 at 7:17 AM
Equal doesn’t equal fair: How to divvy up the family cottage
ANALYSIS: It’s the first long weekend of the spring any many people will be getting ready to go to the cottage. CTV’s Chief Financial Commentator Pattie Lovett-Reid has some tips for keeping everyone in the family happy at the cottage.
Posted on 5-20-2016 at 8:14 AM
Caisse’s Ivanhoé partners with Bronfman family’s Claridge on Montreal real estate plan
Canadian pension fund giant Caisse de dépôt et placement du Québec and the Bronfman family’s private equity firm Claridge are partnering in a new real estate development effort in the Montreal region.
Posted on 5-18-2016 at 11:13 AM
CMHC sees regional differences in Canadian housing markets
Canada Mortgage and Housing Corp. says significant regional differences in home construction will be apparent over the coming years, with slower activity in most areas dragging down overall construction in 2016 and 2017.
Posted on 5-18-2016 at 9:44 AM
Lowe's sales beat estimates as housing market strengthens
Home improvement chain Lowe's Cos Inc followed larger rival Home Depot Inc in reporting better-than-expected quarterly sales as strength in the housing market and favorable weather led to strong demand for building and home renovation products.
Posted on 5-18-2016 at 7:35 AM

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