Real Estate in the News

Posted by:

Real estate news stories that we’ve been following this week.

Bank of Canada stands pat, keeps interest rate at 0.75%
Interest rates remain at 0.75% with a possible change based on the loonie’s performance in the coming months.

Vancouver real estate prices pushing millennials to leave city: report
With ever rising home prices will we see vancouverites fleeing their fair city? And is Toronto also seeing this race to the suburbs? Also read “In Toronto, it’s ...

Continue Reading →
0

Real Estate in the News

Posted by:

Real estate news stories that we’ve been following this week.

Average Vancouver home now 12.5 per cent more expensive – canadianrealestatemagazine.ca
The Real Estate Board of Vancouver says that the lower volume of listings is pushing home prices higher, an average of 12.5% in April alone. The rising costs are also responsible for bidding wars in parts of the city that were previously unaffected by the current hot home sales market. Also read “Price Correction Risk Remains ...

Continue Reading →
0

Real Estate in the News

Posted by:

Real estate news stories that we’ve been following this week.

What a $500K house looks like in Toronto – blogto.com
Look at each Toronto neighbourhood and see how much hose you get for $500k. Also read “Timing the Market is Next to Impossible” and “Canadian homeownership gets more unaffordable“.

Bank of Canada survey shows oil dimming corporate confidence – cbc.ca
As oil goes so does Alberta. Does this also mean ...

Continue Reading →
0

Real Estate in the News

Posted by:

Our weekly wrapup of the important real estate news stories we’re following.

Canada’s housing market hits Wile E. Coyote moment: Yale lecturer – globalnews.ca
Vikram Mansharamani joins the international chorus of doom-sayers telling us that the Canadian housing market is in a bubble from a decade long credit binge and have created one of the most vulnerable economies in the world as a result. Also read “Now and then: Do Canadian homes really cost that ...

Continue Reading →
0

Real Estate in the News

Posted by:

Our weekly wrapup of the important real estate news stories we’re following.

Canadian home sales slip further in January – crea.ca
CREA released news that January 2015’s month-over-month national home sales were down 3.1% from December 2014.

Online deposit system for real estate aims to eliminate paper cheques – remonline.com
An online deposit system is coming soon for home purchasers to easily transfer their purchase deposit to the broker’s trust account. ExactDeposit is ...

Continue Reading →
0

Real Estate in the News

Posted by:

Our weekly wrapup of the important real estate news stories we’re following.

GTA Realtors® Report Monthly Resale Market Figures – Torontorealestateboard.com
January 2015 brings a strong start to the real estate resale market with reported sales up 6.1% over january 2014 and listings up 9.5%.

TDSB trustees approve some cost-cutting measures at meeting – globalnews.ca
The Toronto District School Board is looking at cost saving measures and possibly 1-in-5 school closures. The effects of school closures ...

Continue Reading →
0
Page 3 of 3 123