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Real Estate News

Brookfield Property jumps most in two years on asset-sale plans
The company is in advanced talks to sell an interest in London’s 99 Bishopsgate office tower and a Toronto property, part of about $300 million of assets for sale, executives said on their second-quarter conference call.
Posted on 8-04-2015 at 2:49 PM
Oil slump hits Fort McMurray’s housing market
The boom seems like a distant memory after crude-oil prices plunged by half over the past year, triggering widespread layoffs in the oil sands.
Posted on 8-04-2015 at 10:57 AM
Why Home Capital is still a buy: Schwartz of Baskin Wealth
One money manager isn't letting the recent troubles at Home Capital Group scare him away from the stock. In fact, he says the plunge in the shares is a buying opportunity for investors who can stomach some risk.
Posted on 8-04-2015 at 1:58 PM
Weak oil hasn't dampened real estate prospects for Dream Unlimited: CEO
A notable voice in Canadian real estate says his company isn't rattled by gloom and doom over the state of the economy.
Posted on 7-31-2015 at 1:19 PM
Home Capital top execs accountable for mortgage controversy: President
Home Capital Group is doing damage control after it revealed it cut ties with 45 brokers following an internal investigation that uncovered falsified income verification documents.
Posted on 7-30-2015 at 6:54 PM
Vulnerability of Toronto, Vancouver housing markets 'comparatively high': TD
Toronto's housing market faces a "comparatively high" risk of a sudden price drop, according to a TD Economics report.
Posted on 7-30-2015 at 5:45 PM
Home Capital suspended mortgage brokers after anonymous tip last year
Home Capital Group Inc. began suspending mortgage brokers after its board of directors received an anonymous letter last fall complaining of “irregularities” about the income documentation of some of its insured mortgage borrowers, company officials confirmed Thursday.
Posted on 7-30-2015 at 1:50 PM
Home Capital severs ties with 45 brokers, probe reveals false documents
Home Capital Group revealed late Wednesday that it cut ties with dozens of mortgage brokers because of an investigation revealed they had falsified documents about borrowers’ incomes.
Posted on 7-29-2015 at 5:31 PM

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