The national sales cycle in January was the slowest since 2015, but, in Toronto’s case, that doesn't tell the whole story
Other major metropolitan markets still offer pockets of affordability, however
Mortgage rates are getting even lower, as Bank of Nova Scotia becomes the latest lender to push the envelope, offering a five-year fixed rate of 2.97 per cent.
Condos that investors rent out privately are adding to Canada’s shortage of affordable housing, according to a report by the Organization for Economic Co-operation and Development (OECD).
The Real Estate Council of Ontario indicated that home buyers are increasingly OK with participating in bidding wars.
Canadian housing starts hit a seven-month high in May, increasing 0.8 per cent over April to a seasonally adjusted annual rate (SAAR) of 198,324 starts, according to Canada Mortgage and Housing Corp (CMHC).
Negotiating doesn’t come naturally to a lot of people. It’s scary, daunting and intimidating. But with a bit of research and insider knowledge, you too can score a great deal using the tactics that the industry’s top agents use.
One Calgary-based Realtor says soon-to-be-implemented service agreements meant to better protect buyers may actually tie them to dishonest buying agents.
Heritage homes across Vancouver, including the 115-year old Legg Residence, are being torn down, though some residents and heritage advocates are protesting the city’s demolition work.
Canada’s cottage and summer home market is finally heating up, despite the drawbacks of a particularly harsh winter and late spring.
Investing in real estate is increasingly for all income levels, with a proliferation of online crowdfunding portals primed to further liberalize the market.
Kitchener and Cambridge share the top spot on the Real Estate Investment Network (REIN)’s 2014 list of the top 10 Ontario cities in which to invest in the next five years.
Global real estate brand continues Canadian expansion with its first Whistler brokerage
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