Canadians have qualified for much larger mortgages over the past two decades due to record-low interest rates, and that has impacted affordability according to the Fraser Institute
The company paid $18.5 million, excluding taxes and transaction costs
Seller’s market or not, agents are warning buyers to be more careful about handing over deposit money given a $12-million fraud case earlier this year – still reverberating across the marketplace.
Bank of Canada: Housing “more robust than anticipated”… New report predicts market heat to continue well into 2015… Two-bedroom condos increasingly popular…
Agents are increasingly comfortable with the practice of double-ending, but that’s placing greater emphasis on the protocols they have in place to protect both their clients and their reputations when multiple-bidding situations are thrown into the mix.
While fiduciary responsibility may ultimately rest with the broker, industry pros are calling on agents to verify the legality of their sellers’ income suites. Good luck with that, BTW.
Women are cracking through the last of the industry’s glass ceilings but still have a ways to go, say industry players pointing to the increasingly competitive nature of that segment of the market.
CMHC admits data vacuum on foreign investors… Vancouver property tax is outdated and unfair say critics… Calgary’s population keeps on growing… US housing market continues to grow…
A local realtor in Mississauga donated $23,000 on July 24 to benefit the family of 5 year old Erica Castrillon
EXIT Realty Corp. International will be part of Habitat for Humanity Canada’s biggest build project ever
Leading players in real estate and architecture will present the second biennial edition of Toronto of the Future