Real Estate

Home sales in metro Vancouver plummeted to their lowest level in nearly two decades last year and the average home price moved lower in the once red-hot real estate market. The total number of homes sold in Metro Vancouver last year fell…

Assessed values of some single family homes in Metro Vancouver's once red hot housing market dropped between five and 10 per cent in the latest assessments used to determine property taxes in British Columbia. Meanwhile, BC Assessment…

A strong demand for housing and limited supply in Ontario has resulted in rapidly rising housing costs over the last few years. In high-growth urban areas, high prices and rents have made it too hard for people to afford the housing they…

Real estate agent Shawn Zigelstein remembers a time, just a few years ago, when a printer, scanner and fax machine were the most important tools of his trade. Now, those gadgets are nearly obsolete. "I don't even know the last…

For the past 25 years, Edward Sonshine has been known as Canada's shopping mall king. Now, the chief executive of one of the country's largest real estate investment trusts wants to be known for something else too: housing. "It's…

A new survey by the Bank of Canada suggests overall business sentiment has weakened slightly, but continues to be positive. The central bank's business outlook survey indicator decreased slightly, but remains elevated as responses to…

In November, the GTA new home market saw more typical activity levels—both in new home sales and new project openings—after a relatively strong October, the Building Industry and Land Development Association (BILD) announced today.…

Amazon plans to create 600 new tech jobs in Toronto, the company announced Tuesday as it expanded its footprint in the city's downtown core. The online retail behemoth said the jobs should be filled in the next five years, and noted that…

Another dismal forecast for British Columbia's housing market, one day after the Canadian Real Estate Association predicted home sales will continue to dip in the province next year. Central One Credit Union, which provides services to more…

National home sales are projected to fall to a near decade low in 2019, as rising interest rates and strict mortgage stress-test rules continue to put a damper on homebuyer sentiment, according to the Canadian Real Estate Association.…

Average rents across Canada will increase 6% in 2019 and by as much as 11% in Toronto, 9% in Ottawa and 7% in Vancouver, according to the National Rent Report, released by Rentals.ca. The National Rent Report charts and analyzes…