Tags » Canadian Real Estate Association

Ikea racks up record sales in Canada amid redecoration and home-buying spree

Ikea Canada racked up record numbers in 2016, with sales rising 14.2 per cent to $2.05 billion as the home furnishings retailer saw strong gains in both its store and online operations. 1,053 more words

Retail & Marketing

Worry about supply — not demand — in Canada's overheated property market, says former BoC governor David Dodge

In 2006, in the middle of one the hottest years on record for Canadian housing, then Bank of Canada Governor David Dodge sent a testy letter to his counterpart at the country’s mortgage insurer warning about lax standards fueling demand for homes. 854 more words

SP6

Record number of homes sold in October despite decline in B.C., says CREA

OTTAWA – The number of homes sold throughout the country last month hit a record for October, the Canadian Real Estate Association said Tuesday.

There were 42,473 residential properties sold last month through the association’s Multiple Listing Service, up two per cent year-over-year. 233 more words

Money

Canadian Real Estate Association says home sales hit record last month

OTTAWA — The Canadian Real Estate Association says the number of homes sold last month throughout the country hit a record for the month of October. 86 more words

News

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

SP6

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

Economy

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

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