Tags » Canadian Real Estate Association

Vancouver foreign buyers now shopping for Toronto real estate, albeit in smaller numbers, report finds

Vancouver’s foreign buyers, scared off by a 15 per cent tax additional property transfer tax that only applies to them, appear to be making their way to Toronto, according to a new report. 618 more words


How to make an easy million in a year: own a home in West Vancouver

Finance Minister Bill Morneau moved last week to cool Canada’s real estate market, but how hot was it?

If you sold a home in West Vancouver after owning it for just one year, you’d have made an easy million dollars, according to a report Thursday from Royal LePage. 426 more words


Canadian home sales drop 3% as Vancouver market ‘brakes more abruptly than anticipated’

OTTAWA — The Canadian Real Estate Association says national home sales dropped 3.1 per cent in August from July for the fourth straight monthly decline, as some markets have started to slow dramatically. 391 more words


Canadian home prices to rise sharply on cheap money, speculation

The sharp acceleration in Canadian home prices shows no sign of abating this year, though economists expect the pace will be reined in by high household debt and a growing lack of affordability, a Reuters poll found. 620 more words


Canada’s housing market nears ‘extreme bubble,’ warns ex-Lehman Brothers trader

The Canadian real estate market is on the verge of a massive bubble, warns a former Lehman Brothers executive, citing a struggling Canadian economy and… 624 more words


Regina real estate market continues its slow recovery in July, CREA says

Compared with Toronto and Vancouver’s overheated real estate markets, Regina’s resale housing market was as cool as a cucumber in July, posting 1.1 per cent growth in prices for the year to date and 1.5 per cent growth in sales during the same period, the Canadian Real Estate Association said in a news release Monday. 376 more words

Local Business

Home sales down 1.3% in July

OTTAWA – The Canadian Real Estate Association says July marked the third consecutive month of fewer housing sales.

The association says the number of transactions fell 1.3 per cent nationally between June and July. 102 more words