A 96-year old Vancouver home described as "just needing a little TLC" has been listed for sale for $6.98 million – almost 150 per cent more than what it sold for over two years ago.
Uninsured mortgage market hit 8-year high in January: OSFI
Mortgages that don’t require homeowner insurance surged 19 per cent from a year ago, accounting for about 53 per cent of the $1.13 trillion of home loans at Canada’s federally regulated banks, data from the Office of the Superintendent of Financial Institutions show. Insured home loans fell 6.5 per cent from a year ago.
As Toronto housing cools, A-Rod, Pitbull bring wealth ‘cheerleading’
While the massive Wealth Expo in Toronto promotes real estate - and this year, even bitcoin and cannabis investments - as ways to get rich, it comes at an inflection point in Canada’s largest housing market.
B.C. launches anonymous tipline for reporting suspicious real estate practices
A new tipline is being set up to allow for anonymous complaints about suspicious real estate activities in British Columbia.
Canadian home sales drop 6.5% in February: CREA
Resales of Canadian homes fell by 6.5 per cent in February from January to the lowest level in nearly five years, with declines seen in the cities of Toronto and Vancouver, the Canadian Real Estate Association said on Thursday.
The Regional District of Nanaimo joined West Kelowna on Wednesday in asking the NDP government to rethink the tax, introduced in last month's budget.
Hotel sales in Canada remain strong, even if blockbusters dwindle: CBRE
Hotel sales in Canada will stay strong yet are set to slip from the near-record levels of the past two years with fewer large-scale deals being made, according to CBRE Group Inc.
Canada's home prices dip in February, as Toronto pulls back
The Teranet-National Bank Composite House Price Index, which measures changes for repeat sales of single-family homes, showed prices were down 0.1 per cent last month compared to January.
Teens cause $20,000 worth of damage after renting Vancouver home for party
What police are describing as an "uncontrolled" house party in West Vancouver has caused about $20,000 in damage after a teenaged girl rented the home online.