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Real Estate News

Hudson’s Bay wants to sit with the cool kids
Richard Baker, Governor and Chief Executive Officer, Hudson's Bay Company wants to prove that the Bay has enough swagger to run with the cool kids like Nordstrom’s and Bloomingdale's.
Posted on 11-25-2014 at 11:16 AM
Reitmans to shutter Smart Set clothing chain
Clothier Reitmans Canada Ltd. said on Tuesday it will shut down its Smart Set banner over the next 12 to 18 months to try to boost profits in a market squeezed by new competition from foreign retailers.
Posted on 11-25-2014 at 10:58 AM
Anatomy of a $2B deal: Class A office towers meet bus terminal
The recently announced deal between Ivanhoé Cambridge and Metrolinx to build an iconic new bus terminal and office complex in the heart of Toronto was more than five years in the making.
Posted on 11-24-2014 at 5:39 PM
Housing market ‘modestly’ overvalued, CMHC says
Canada’s housing market is “modestly” overvalued, but there is no serious problem at the moment, Canada Mortgage and Housing Corp. says in a new report.
Posted on 11-24-2014 at 11:48 AM
Market mover: Analysts like HBC debt refinancing deal
Shares of Hudson’s Bay surged almost 10 percent in early Monday trading after the department store operator announced a $1.25 billion debt refinancing plan.
Posted on 11-24-2014 at 10:31 AM
Single ladies drive Canada's condo market
The one-person household is the fastest-growing category in Canada’s housing market as the population ages and more people opt to live alone.
Posted on 11-21-2014 at 3:53 PM
CMHC drops hints housing market may be overvalued
Average Canadian home prices were about $400,000 at the end of 2013, compared with about $250,000 in the U.S., Canada Mortgage & Housing Corp. said in its annual review.
Posted on 11-20-2014 at 6:04 PM
Canada may actually need MORE housing: CIBC
While many have been worrying about a bubble, a new report suggests Canada may actually need more housing to accommodate incoming immigrant families.
Posted on 11-19-2014 at 3:21 PM

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