May 13
Canada should take steps to introduce more mortgages with longer renewal terms, according to the country’s largest financial co-operative.
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May 13
Canada should take steps to introduce more mortgages with longer renewal terms, according to the country’s largest financial co-operative.
May 12
The government of Justin Trudeau pulled back on a threat to hit some real estate investment trusts in Canada with a new tax regime after opposition from the industry.
May 10
The average asking rent for a home in Canada in April was up 9.3 per cent compared with a year ago, while a slight month-over-month increase was also recorded for the first time since January, a new report says.
May 9
Canada’s oil-rich province of Alberta saw its economy shrink to 2004 levels on a per-person basis as the region’s population swelled, according to economist Charles St-Arnaud.
May 8
Canada’s major housing markets are starting to recover, but one economist says a more pronounced recovery cannot be sustained until interest rates move significantly lower.
May 8
Shopping centre owner RioCan REIT reports Q1 profit up from year ago
May 6
The Quebec Professional Association of Real Estate Brokers says Montreal-area home sales surged 25.5 per cent in April compared with the same month last year, with levels returning to historical averages.
May 5
Across much of the developed world, one of the most dependable drivers of economic growth is faltering.
May 3
The Toronto Regional Real Estate Board says Greater Toronto home sales in April were down five per cent from last year, but new listings surged, which created more choice for buyers and kept prices stable.
May 2
Greater Vancouver's real estate board says the number of homes that changed hands in April rose 3.3 per cent from the previous year, but total sales were still well below the 10-year average for the month.