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News Centre
City vs suburbs: What lifestyle will cost you more?
Monday, August 18, 2014
Two-thirds of Canadians now live in the suburbs, but the lifestyle could end up costing you more in the long run.
Canadian home sales edge higher in July
Friday, August 15, 2014
According to statistics released today by The Canadian Real Estate Association (CREA), national home sales activity edged up almost one per cent in July 2014 from the previous month.
Canadian housing starts rise in July, bucking forecasts
Monday, August 11, 2014
Canadian housing starts bucked forecasts and rose in July, data on Monday showed, but analysts said the recent resumption of the housing market's upward drive is likely to falter if mortgage rates rise as expected heading into 2015.
17% of condo owners in Toronto, Vancouver bought for investment
Friday, August 8, 2014
Almost one out of five condominium owners in Toronto and Vancouver have bought another unit in order to use as an investment, according to a new Canada Mortgage and Housing Corporation (CMHC) survey.
Missing condo-fee payments could lead to mortgage default
Tuesday, August 5, 2014
Payment of the monthly condominium fee is mandatory, or consequences may result.
Condo sales, construction set records downtown
Saturday, August 2, 2014
New condo sales in the GTA are up 33 per cent from last year. So far this year, there have been 37 new highrise projects launched for sales across the region — a total of 7,588 new condo units.
Toronto's real estate market is so hot, investors don't want to touch it
Thursday, July 24, 2014
Scott Baker has a rarefied view of Toronto's real estate market. "We tend to look at it from 40,000 feet."
Canada's richest neighbourhoods 2014: The top 10
Wednesday, July 23, 2014
Just like everyone else, Canada’s wealthiest families are looking for three things in a home: location, location, location. Canadian Business magazine partnered with market research firm Environics Analytics to map out exactly where Canada’s wealthiest people live. Unsurprisingly, they flock together, choosing leafy enclaves where they can spread out to make room for wine cellars, art collections, luxury cars and more.
Don't hire just any home inspector
Friday, July 18, 2014
They are must-have advisors when buying a house, and their reports can be useful for years. But in Ontario anyone can call themselves home inspector so choose one with care.
Buoyant mood keeps Toronto housing market brisk
Thursday, July 17, 2014
The mood in Toronto's housing market is remaining buoyant this summer as buyers and sellers both appear to be full of brio.
Bank of Canada signals low rates for longer
Wednesday, July 16, 2014
The Bank of Canada announced on July 16th, 2014 that it was keeping its trend-setting overnight lending rate at 1 per cent.
Bank of Canada maintains overnight rate target at 1 per cent
Wednesday, July 16, 2014
he Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent.
Canadian home sales up 11% over last year; Vancouver, Toronto, Hamilton among hot markets
Tuesday, July 15, 2014
The Canadian Real Estate Association says home sales in June rose to their best pace since March 2010.
Canadian home sales edge higher in June
Tuesday, July 15, 2014
Ottawa, ON, July 15, 2014-According to statistics released today by The Canadian Real Estate Association (CREA), national home sales activity edged up almost one per cent on a month-over-month basis in June 2014.
Canadians Most Optimistic About Housing Since 2008
Monday, July 14, 2014
Canadians are the most optimistic about the country’s real estate market in more than six years as prices reignite.
Canadian home prices rise in June, but 12-month inflation slows: Teranet
Monday, July 14, 2014
TORONTO — Canadian home prices rose in June but the pace of 12-month home price inflation slowed to its lowest rate in six months, the Teranet-National Bank Composite House Price Index showed on Monday.
Should you give your child a down payment to buy a house?
Saturday, July 12, 2014
When it comes to money decisions, it can be hard to figure out the right thing to do. Money is about power, emotion, morality, and security, among other things. So in this space, we gather personal finance luminaries to weigh in on a financial quandary.
Mercer's survey says Vancouver most expensive city, as Canadian cities drop in global ranking
Thursday, July 10, 2014
TORONTO — Vancouver tops the list of most expensive Canadian cities to live in, surpassing Toronto for the second year in a row, according to an annual cost of living survey.
Royal LePage says Canada’s big city housing markets continue to boom as small centres left behind
Wednesday, July 9, 2014
Smaller housing centres are not getting the same lift during this real estate boom, says a new survey from Royal LePage. The real estate company says it expects prices to rise nationally another 5.1%, but by 2015 any increase is likely to be limited to inflation.
Canadian housing starts rise unexpectedly in June as slowdown fails to materialize
Wednesday, July 9, 2014
TORONTO — Canadian housing starts rose in June, bucking expectations for a modest slowdown in the month and suggesting the building sector added to economic growth in the second quarter after a brutal winter, data released on Wednesday showed.

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