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Real Estate News

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
Knock out the wall! Home renos just got cheaper
Thanks to the Bank of Canada's interest rate cut, another booming segment of the housing market will likely get a boost of adrenaline – home renovations.
Posted on 7-17-2015 at 2:44 PM
Are big banks passing on rate savings to consumers?
The Bank of Canada cuts its key overnight lending rate by 25 basis points to 0.75 percent on Wednesday. But are Canada's biggest banks cutting their prime lending rates. looks at the data.
Posted on 7-15-2015 at 12:12 PM
Canadian existing home sales fell in June: CREA
Sales of existing homes in Canada fell in June from May as a decline in sales in Ottawa and Montreal outweighed increases in the Toronto area, CREA says.
Posted on 7-15-2015 at 9:33 AM
Decision day for Bank of Canada
Will Bank of Canada Governor Stephen Poloz cut interest rates again or keep the key rate steady at 0.75 percent?
Posted on 7-15-2015 at 7:33 AM
A housing correction is likely to happen this summer: Author
Hilliard MacBeth is standing by his prediction that the Canadian housing market is primed for a correction. The author of When The Bubble Bursts: Surviving the Canadian Real Estate Crash ​says it will happen this summer.
Posted on 7-14-2015 at 7:08 PM

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