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Real Estate News

Ancient property-transfer tax adds another burden for Vancouver buyers

For Vancouver home buyers who get the shivers at high prices for even run-down houses, there is also the haunting sight of a tax goblin.

Posted on 10-21-2014 at 6:49 AM

Moody’s warns on housing, but Canada retains top rating

Canada remains at the top of the world’s credit-rating heap thanks to its fast-approaching balanced budget and a stable banking system, but the country’s high household debts and climbing...

Posted on 10-20-2014 at 11:19 AM

Unsteady oil markets prompt fears Calgary housing will follow suit

Big time volatility in the oil markets is back, and in Alberta, that means housing markets could plummet too.

Posted on 10-17-2014 at 7:10 AM

St. John’s housing market on a ‘winning streak’

Never mind Toronto, Vancouver or Calgary. The head of Canada’s largest real estate brokerage says the housing market that has most surprised him this year is St. John’s.

Posted on 10-16-2014 at 7:26 AM

Wal-Mart trims sales forecast, predicts slower profit growth

Wal-Mart Stores Inc., facing a retail slump and a decline in traffic to big-box chains, cut its annual sales forecast and predicted slower profit growth over the next three years.

Posted on 10-15-2014 at 3:57 PM

Canadian home resales climb 10.6%, outpace expectations

The number of existing homes that changed hands in Canada during September came in 10.6 percent higher than a year earlier, topping expectations.

Posted on 10-15-2014 at 11:02 AM

Royal LePage CEO predicts slower growth in home prices

Canadian home price growth is not going to be as strong in the next while as it has been, says Phil Soper, chief executive officer of real estate agency Royal LePage.

Posted on 10-15-2014 at 7:35 AM

Experts warn new Toronto condos could become ‘urban slum’

Toronto has more than 100,000 units under construction as developers and investors seek to cash in on condo prices that are up 25.7 percent in the city over the past five years. The trouble...

Posted on 10-14-2014 at 9:52 AM

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