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Real Estate News

Mortgage rate war heats up as smaller lenders offer deep discounts
Less than a month after the Bank of Canada’s surprise interest-rate cut, a renewed mortgage-rate war is in full swing. But, this time, it’s being driven by an unlikely source: smaller lenders.
Posted on 2-17-2015 at 7:36 AM
Toronto leads December advance in new home price index
Canadian new home prices rose 0.1 percent in December from the previous month, led by gains in the nation’s largest city, government figures showed.
Posted on 2-12-2015 at 10:38 AM
Sandra Rinomato: What are micro-condos and who is buying them?
Micro-housing has been around for a long time in Asia, specifically Japan, but now we are starting to see this trend move to Canada.
Posted on 2-11-2015 at 2:05 PM
Real Estate Watch: Judge approves Target Canada's deal with landlords
The revised agreement, which was reached earlier this week but required court approval, gives Target Canada until the end of June to finish selling its store leases.
Posted on 2-11-2015 at 11:01 AM
Wal-Mart to invest $340M in Canada
Wal-Mart's move comes less than a month after rival Target Corp. said it would exit Canada. Sears Holdings Corp. last year lowered its stake in its Canadian operations to about 12 percent, after failing to find a buyer for its holding in the business.
Posted on 2-11-2015 at 7:47 AM
Alberta 2015 home resales will drop 16 percent: RBC
Sales of existing homes will slide 16 percent in Alberta this year as a plunge in oil drags down the provincial economy, according to Royal Bank of Canada.
Posted on 2-09-2015 at 2:26 PM
Price gap between condos, houses swells to record level
For many first-time homebuyers, condominiums have been the easiest way to get a foothold into the housing market, a pit stop on the way to a dream home.
Posted on 2-09-2015 at 9:41 AM
Homebuilders shrug at oil patch woes as housing starts gain in January
Canadian housing starts unexpectedly rose in January, though the longer-term trend measure of new construction edged down, data showed on Monday.
Posted on 2-09-2015 at 8:49 AM

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