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Real Estate News

Average home price of affluent Canadians tops $1.5-million
Affluent Canadians are sitting on an average value of $1.5-million for their homes, a recent poll indicates.
Posted on 5-25-2015 at 9:03 AM
Real Estate Watch: Canada as ‘New Switzerland’ driving Toronto condo market
Developers say Canada’s reputation as a safe country to live and bank is luring buyers from abroad and driving the housing boom in Toronto.
Posted on 5-23-2015 at 1:54 PM
Toronto, Vancouver condo owners look to list over next 5 years: CMHC
A growing number of condo investors in Canada’s biggest housing markets are planning to list their units over the next five years, banking on the profits from rising prices to cash out.
Posted on 5-22-2015 at 1:48 PM
High housing prices driving millennials out of Vancouver
The high living costs in Vancouver are driving millennials out of the city, which could trigger future labour shortages, according to a new report.
Posted on 5-21-2015 at 10:32 AM
Manulife planning IPO of U.S assets in Singapore
The Toronto-based insurer is seeking to list some of its U.S. property assets in Singapore in the second half of the year in an initial public offering worth $450 million US, two people familiar with the deal said.
Posted on 5-21-2015 at 8:19 AM
There is no housing bubble in Canada: Finance Minister Joe Oliver
Finance Minister Joe Oliver said he’s confident the country’s housing market isn’t in a bubble, setting aside any further action to curb activity.
Posted on 5-20-2015 at 10:15 AM
Boardwalk REIT to benefit from Alberta home slump as rentals spike
Rising demand for rental housing is good news for Boardwalk Real Estate Investment Trust and Mainstreet Equity Corp., two of the western Canadian province’s largest apartment building owners.
Posted on 5-19-2015 at 2:31 PM
Wal-Mart results miss estimates as U.S. dollar surges
Wal-Mart Stores Inc., the world’s largest retailer, posted first-quarter earnings that missed analysts’ estimates after U.S. sales grew more slowly than projected and currency fluctuations ate into profit.
Posted on 5-19-2015 at 7:49 AM

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