Sotheby sees a surging trend in luxury home sales for 2015
A new report by Sotheby's International Realty said sales of homes worth over $1m jumped in four major Canadian property markets in 2014 – a trend that may likely continue this year.
New report finds Calgary housing market hardest to predict
Plummeting oil prices are making the Calgary housing market one of the hardest to predict, as far as the Sotheby’s International Realty Canada is concerned.
Edmonton housing market will ‘hold steady’ despite oil prices
The Realtors Association of Edmonton predicts the region’s housing market is set to “slow down but still hold steady” this year amid the ongoing collapse in oil prices.
Winnipeg’s cheap home values still not affordable, experts say
While Winnipeg may be one of the most affordable housing markets in the country, experts claim it may not be cheap enough for many Canadians.
Not-for-profit to offer 64 Edmonton homes
A total of 64 Edmonton families are set for a new life this year as they will be given affordable housing by Habitat for Humanity Edmonton (HFH).
Rental housing exceeds forestry, mining economy contribution, study says
A new report by KPMG LLP has revealed that real estate contributes billions of dollars to Canada’s economy each year.
Rate hike may be minimal, says study
The Bank of Canada is hinting at an interest rate increase by late 2015, but some industry experts think it could happen as early as May.
Greater Vancouver’s detached homes average at record-high $1m
Canada’s Greater Vancouver area is enjoying -- or not enjoying -- an average price of $1m for detached home, statistics from the Real Estate Board of Greater Vancouver show.
Calgary’s no-parking condo proposal gets rolling
Do you want a parking spot with that? Prospective buyers of a trendsetting Calgary condo had better not, with the developer of the project seeking city hall approval to leave out parking slips for the 15-storey building.
BCREA warns of mortgage rate hike by Q4 2015
B.C. may see slightly increased mortgage rates by the end of 2015 following historic low levels, the British Columbia Real Estate Association predicted.