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.
College retains affordable housing in Estevan
Despite the vacancy rate of 12.5%, there is no stopping Southeast Regional College from continuing its affordable housing initiative for the Estevan area.
Brandon receives $5.7m housing fund for homeless people
Another multi-million effort to end homelessness across Canada is making waves, after a member of Parliament for Brandon-Souris announced the Government of Canada is investing almost $6m to a corporation.
RBC expects 15% drop in housing prices
Royal Bank of Canada (RBC) predicts housing prices may dip as much as 15% if interest rates jump and this would be "healthy" for the country's economy.
CMHC: Calgary’s November housing starts dip year over year
Calgary saw a dip in housing starts from 1,693 last year to 1,078 this November, a monthly report by Canada Mortgage and Housing Corp. (CMHC) shows.
Campaign ad aims to boost Calgary’s affordable housing
A campaign centred on the creation of affordable housing in Calgary is gaining attention after it placing an ad on the popular booking website Airbnb.