There has been a rise in the commercial real estate market in British Columbia over the last few years but it may now have peaked
A new review has revealed the widest gap between Toronto-area condos and low-rise homes ever recorded, at $251,337 in 2014.
The Bank of Canada dropped a surprise interest rate cut on Wednesday from 1% to 0.75%, the latest move since September 2010.
The number of mortgage brokers and non-bank lenders operating outside of Bank of Canada’s reach is increasing, including the likes of cash-for-jewelery dealer Harold Gerstel of Toronto.
Victoria is Canada’s second least affordable housing market, a study that looked at 378 metropolitan cities across the globe has found.
A senior economist from BMO Capital Markets believes Canada’s top housing market has caught a serious chill this month, as sales are down 37% from a year ago.
Surrey’s housing market is enjoying positive numbers as sales across the Fraser Valley soar 16% in 2014.
The new TD Economics report has said that the decade-long housing boom “belies a number of problems” in the Canadian marketplace.
A new CREA report sees condo sales up for Canada’s major cities despite sinking oil prices, and says the trend shall continue for the rest of the year.
Online marketplaces like Airbnb are helping homeowners get even with their mortgages and debts. All it takes for them is to turn an extra bedroom or partitioned living room into income-generating spaces.
Consumers are growing concerned about the health of the property market, making it harder for brokers to complete sales.