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.
Housing market outlook 2015
Home prices are expected to rise or remain stable in most Canadian markets this year, according to an in-depth report released by one industry organization.
Condos in 2015 are going up, up, up
To make a prediction for Canada’s crazy housing market would be, well, crazy, but like Re/Max Condos Plus, some agents believe it’s safe to say high-rise living will continue to post strong gains in major markets – especially for larger family-friendly units.
Edmonton market will be slow but steady this year say realtors
Realtors and brokers in the Edmonton area are undeterred by falling oil prices and are optimistic that the market will continue to grow.
GTA narrowly misses annual sales record
Just 326 more sales would have set a new home sales record for the Greater Toronto Area in 2014.
Ottawa had a reasonably good 2014
Ottawa Real Estate Board says that the region had a stable year in 2014 despite the weaker condo sector.
First time buyers may need $500,000 but ownership is still favourable
First time buyers have something of a mountain to climb these days with price increases pushing the amount needed for a downpayment higher during last year.
Professional advises brokers to focus on debt management
One industry player is advising brokers to not only focus on helping clients with debt management, but to write about it as well.