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Real Estate News

Maury Harris, Managing Director & Chief Economist for Americas, UBSplay

U.S. housing starts fall short, but overall tone upbeat

U.S. housing starts rose less than expected in May, likely reflecting labor and material constraints, but the overall trend remained consistent with strength in the housing market.

Posted on 6-18-2013 at 9:41 AM
Dina Ignjatovic, Economist, TD Economics.play

Could Canada be on course for a soft landing?

With the Canadian Real Estate Association (CREA) hiking its forecast for home sales and prices, economists say calls for a "hard landing" in Canada's housing market are increasingly looking...

Posted on 6-17-2013 at 2:10 PM
Frances Horodelski has the details.play

CREA bumps up annual home sales forecast

The Canadian Real Estate Association is raising its forecast for home sales this year, as the steep sales slump that began last summer appears to be abating.

Posted on 6-17-2013 at 9:40 AM
U.S. homebuilder sentiment rises to highest in 7 yrs in June

U.S. homebuilder sentiment rises to highest in 7 yrs in June

Sentiment among U.S. homebuilders surged in June, rising above a key milestone for the first time since the start of the housing crisis seven years ago in a vote of confidence for the...

Posted on 6-17-2013 at 10:03 AM
Ian Lee, Professor, Carleton Universityplay

'Sharper correction' possible in housing market: BoC

The patient is doing better but is still in intensive care: That's the Bank of Canada's latest assessment of risks to the Canadian financial system amid a prolonged period of fragility for...

Posted on 6-13-2013 at 11:14 AM
New housing prices top expectations in April

New housing prices top expectations in April

The price of new homes rose 0.2 percent in April from March, more than the expected 0.1 percent, with Calgary the top contributor, according to Statistics Canada data released on Thursday.

Posted on 6-13-2013 at 9:48 AM
BNN's Paul Bagnell reports on Canaccord Genuity's outlook for REITsplay

Canaccord Genuity cuts REIT target prices

Fears of rising interest rate have caused a dramatic sell-off in Canadian and U.S. real estate investment trusts (REITs) leading Canaccord Genuity to cut its price target for Canadian REITs...

Posted on 6-12-2013 at 12:42 PM
Canadian house prices rise 2% in May

Canadian house prices rise 2% in May

Canadian home prices rose 2 percent in May from a year earlier matching the April rate and marking the smallest 12-month gain since November 2009, the Teranet-National Bank Composite House...

Posted on 6-12-2013 at 9:53 AM

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