Royal Bank of Canada boosted its first-quarter net income by 24 per cent to $3.03 billion
Lower prices and higher returns are attracting an increasing amount of Canadian real estate investors to the US.
Detroit’s tanking real estate market has been well documented but this may be a new low, as one eager seller has offered his home in the Motor City in exchange for the new iPhone 6.
Echoing sentiments from earlier this year, the International Monetary Fund is uneasy about the current housing market in Canada, believing it to be overvalued.
Having your brokerage support a charity isn’t just good for the soul. It makes great business sense.
In a client note the Bank of Montreal suggests that the huge growth in condo development and sales in Toronto may be coming to an end.
It’s not just condo construction that has slowed in Toronto; the pace of rentals has also eased.
New figures from StatsCan show that Calgary is new home prices in Calgary are growing by the biggest amounts in Canada.
The two main contenders to become Mayor of Vancouver are being challenged to table policies that will tackle the issue of home affordability in the city.
Calls to CMHC from one leading economics professor to disclose details about the risks in its portfolio have been denied under the guise that the information is commercially sensitive.
Healthy debate ensued among brokers, following a story about one big bank’s IRD calculations and the penalties in charges, with several calling into question the transparency provided by some lenders.