Flipping could land you with a large tax bill
Investors hoping to make a quick buck by buying, renovating and selling properties should look into the tax implications of doing so.
Deficit for Alberta as oil revenues plummet
Alberta’s expected surplus will now be a $500 million deficit due to the fast and deep drop in oil revenues.
Brokers prepared to earn back market share
While it may not be what brokers wanted to hear, the prediction that broker market share will continue to drop has inspired players to focus on what they can do thrive in the changing industry.
Housing starts measure drops to end year
The trend measure of housing starts in Canada dropped to 192,047 in December, compared to 194,807 a month prior, according to the Canada Mortgage and Housing Corporation.
Funny Friday: Kids selling real estate is hilariously accurate
Kids usually have a pretty skewed vision of what grown-ups do, but when it comes to buying and selling real estate, they’re actually spot-on.
Canada’s housing is 63 per cent over-valued says Deutsche Bank
There’s always plenty of debate when economists suggest that Canada’s housing is over-valued by 20 per cent so how do you feel about this one?
Homes over $1 million surge in Calgary
The number of homes valued at $1 million or above in Calgary has increased by 39 per cent in a year.
Labrador West ‘bubble has burst’
House prices and rents in Labrador West are tumbling with the decline in the mining sector.
Non-profit housing organisation reports record numbers
A non-profit which helps people in Calgary who can afford to make mortgage payments but don’t have a large enough downpayment has seen sale numbers surge.
Broker: Expect market share to continue to shrink
Broker market share shrunk in 2014, and industry players should expect more of the same this year, says one leader.