Toronto housing market ends 2016 with a bang
It was a record-breaking year for the housing market in the GTA.
This market reached a milestone in 2016
Last year broke records in several Canadian housing markets and one Ontario region reached a milestone in achieving more than 10,000 home sales in a year
China’s currency curbs set to impact Canadian real estate
While the impact of foreign buyers of Canadian real estate is inconclusive, there are certainly many buyers from the Chinese mainland who choose Vancouver and Toronto among their favourite markets
Vancouver home sales down, prices up
Another drop in Vancouver home sales mean that home prices rose even higher.
BC homeowners facing sharp rise in property tax assessments
Homeowners in British Columbia will shortly be receiving their latest property value assessments with sharp rises for many. The assessments are based on property values on July 1, 2016 but in the past 6 months many homes, especially in Vancouver, have lost value following recent policy changes
Edmonton prices stable amid falling inventory
Despite the economic challenges in Alberta, the Edmonton property market showed stability in 2016 with prices not falling significantly amid lower inventory
Most Canadians more confident in economy, real estate
The confidence of most Canadians in the economy, personal finances, job security and real estate edged higher at the end of 2016
Canadians focus on paying down debt in 2017 rather than home purchase
Despite the collective growth in Canadian household debt, most people say they did not take on any new debt in 2016
Could this be the future of commercial real estate?
It may sound like something from a sci-fi movie but one sector of commercial real estate could be about to take to the skies
Optimism in personal finances jumps
Canadians are more optimistic about the prospects for their personal finances in 2017 than they were heading into 2016