Canadian Real Estate News

CBC.caRecreational properties still a bargain on P.E.I., says real estate ...CBC.caIf you're looking for a summer cottage P.E.I. still offers some of the best value in the country, according to the 2017 Royal LePage Canadian Recreational ...and more » […]

Financial PostVancouver home goes on the market for a record $63MFinancial PostFrom there he built an empire spanning retail, manufacturing and real estate, including founding Fields Stores Ltd., a no-frills chain that became a fixture in many rural towns across western Canada. The holdings of his family's Vancouver-based ... […]

The Globe and MailNew Brunswick real estate offers a lesson on peak housing pricesThe Globe and MailThe dramatic surge in Toronto real estate, particularly over the last year, has raised fears of a bubble and a crash in prices. Yet, as the last few years in Saint John attest, the real peril after a market peak is a logjam in sales, with sellers ... […]

Globalnews.caBehold, Greater Vancouver's most expensive real estate listing of all timeGlobalnews.caCheck out what $63 million will buy you in Vancouver. The 22,000 square foot Point Grey home of philanthropist Joe and Rosalie Segal recently hit the real estate market and the Global 1 helicopter took a look.$63M iconic mansion sets Vancouver real estate recordCTV NewsIconic Vancouver Estate Owned by Esteemed Canadian ...Marketwired (press release)all 9 news articles » […]

Calgary HeraldSears Canada leaving behind prime real estate in Calgary: analystCalgary HeraldThe Sears Home store in Deerfoot Meadows was photographed on Thursday June 22, 2017 the store is one of three in Southern Alberta that is slated to be closed as Sears Canada announced Thursday it was seeking bankruptcy protection. Gavin Young ...Sears Canada said to be preparing to seek creditor protection as cash crunch deepensFinancial PostSears Canada seeks reinvention as it falls to insolvencyThe Globe and Mailall 285 news articles » […]

MetroNews CanadaRobust US home price gains cool slightly in AprilMetroNews CanadaAnd many single-family homes were converted to rentals after the housing bust and are likely to remain off the for-sale market. Developers are breaking more ... The number of housing starts actually fell 5.5 per cent in May from the previous month ...and more » […]

Business in VancouverFlorida developer reaches for the sky in KelownaBusiness in VancouverOne telling statistic: more new homes are being built now in Kelowna than in Greater Victoria or any other urban centre outside of the Lower Mainland. In fact, this year Kelowna accounts for 11% of all B.C. housing starts, according to Canada Mortgage ...and more » […]

HiBusiness (blog)New Home Construction Affected by New Rules in OntarioHiBusiness (blog)The Canadian housing market experienced an 8.6% decline in housing starts in the month of May from April. This significant decline was partly as a result of the new measures taken by the Ontario government to put the housing market under control. […]

Financial PostCalgary awash in record number of vacant condos and houses built at end of boomFinancial PostMore than 2,000 new housing units were unoccupied in the Calgary area last month, the biggest inventory on record, driven largely by construction of apartment-style condos, according to the Canada Mortgage and Housing Corp. This inventory of newly ... […]

Financial PostOntario new housing rules take a bite out of new construction numbers for countryFinancial PostCanadian housing starts fell 8.6 per cent in May from April, a decline fuelled by a massive pullback in new home construction since Ontario moved to cool the housing market in Toronto. “The story in May was the big drop in Ontario, following the new ...Annual Housing Starts Reach Highest Level in Nearly 10 YearsHiBusiness (blog)all 25 news articles » […]

Hamilton SpectatorHow fighting urban sprawl inflates housing pricesHamilton SpectatorBank of Canada governor Stephen Poloz noted that "There's no fundamental story that we could tell to justify that kind of inflation rate in housing prices. ... Demand is being driven more by speculative demand, or investor demand, as opposed to just ... […]

CTV NewsCooling measures already affecting hot Toronto housing market: surveyCTV NewsThe recent intervention by the Ontario government to cool the Toronto-area's hot housing market is already having an impact on sellers and buyers plans for the year, according to a new poll. At the end of April, Ont. Premier Kathleen Wynne introduced a ...and more » […]

Toronto SunWaiting for a Canadian housing crash? Warren Buffet bets against it buying 38% stake in Home Capital Group Inc.Toronto SunWarren Buffett's deal to back Home Capital Group Inc. does more than support a struggling mortgage lender -- it's a vote of confidence for a housing market that everyone from investors to global ratings companies say is a bubble ready to burst. Buffett ...and more » […]

BloombergCanada's Housing Bubble Will BurstBloombergCanadian home sales fell the most in five years last month. That didn't stop an increase in prices, which were up 18 percent nationwide from a year earlier. When you consider that most houses are leveraged assets, this represents huge gains for ... […]

Huffington Post CanadaWay To Burst The GTA Housing Bubble, Kathleen WynneHuffington Post CanadaThe dust seems to have settled over Wynne's decision to interfere with the housing market but, truth be told, it has already begun to cause ripple effects. On April 20th, 2017, the Ontario government officially introduced the Ontario's Fair Housing ...and more » […]

CBC.caActivists disrupt Vancouver city council meeting to protest homelessnessCBC.caThe protesters called for more action from the city to end homelessness, carrying signs saying, "Our homes can't wait," and chanting that same phrase. They had five motions they wanted council to pass, including guarantees of 100 per cent social ...and more » […]

Fire destroys NL apartment complex, leaves dozens homeless in St. John'sNational PostThe Canadian Red Cross said it was assisting the 35 residents from 13 families, including adults and children who lived in the three buildings that each four townhouse apartments. It said the housing authority was putting the tenants up at hotels and ...and more » […]

Peterborough ExaminerLetters to the Editor, June 27, 2017 | Peterborough ExaminerPeterborough ExaminerWhile the creation of 38 affordable housing units in the McRae Building and the assistance provided by the Home Ownership Program are important initiatives ...and more » […]

CBC.caRent subsidy program 'critical' to preventing homelessness in NWT gets revampCBC.caA little-used program for N.W.T. residents who need help with their rent is getting a boost, thanks to a new advertising campaign and skills training intended to help tenants transition into the housing market. The Northwest Territories Transitional ... […]

CBC.caB.C. Supreme Court orders eviction of Vancouver tent city - British ...CBC.caThe B.C. Supreme Court has granted an injunction against the residents of the so-called "Ten Year Tent City" on Vancouver's Downtown Eastside, ordering ...and more » […]