Blog Posts - Real Estate News

There were no double-digit price gains in the country’s hottest real estate markets this year. Instead, Calgary, Toronto and Vancouver saw prices increase between 5% and 7%, according to each city’s real estate board. And as Sal Guatieri pred...

Housing prices in the Lower Mainland are predicted to rise a modest three per cent in 2015, while Canada’s highest prices, in Vancouver, will be sustained by demand from Mainland Chinese buyers. That’s the view from RE/MAX’s 2015 na...

Take a Rollercoaster ride home tour to see the rooms inside this house! Did your jaw just drop, I bet it did. This wins as the most creative, wild and wonderful way to market a house for sale in my... Head over for more and thank you for subscribing...

New York, USA, is expected to be the top-performing prime city for real estate in 2015, with Sydney, Australia, the only other destination in the Prime Global Cities Forecast to see price rises. Luxury prices across Manhattan are expected to rise 5%-...

A low inventory of single-family detached homes for sale in Metro Vancouver has buyers engaging in multiple bidding wars or camping out to get a shot at the few homes when they come on the market. The demand is so high that many buyers are paying mor...

After 18 months on the job, Bank of Canada governor Stephen Poloz has yet to wield the primary tool at his disposal: the key interest rate. When Poloz took the bank’s reins in June 2013, he inherited an overnight rate set nearly three years ear...

The benchmark price for a typical detached home – a gauge that omits the most expensive properties – is approaching $1-million in Greater Vancouver. The Real Estate Board of Greater Vancouver uses the resale home price index (HPI), which strips o...

One measure which suggests that housing demand is relatively strong heading into 2015 is the number-of-months’ supply of homes for sale in Canada, which declined from 5.9 to 5.8 in October, its lowest level since April of 2012. Also, year-over-...

Even though real estate prices have been rising faster than inflation and are going through the roof in some parts of Canada, home ownership actually became more affordable in the third quarter, according to a quarterly survey by RBC Economics. The b...

The total number of home sales in Greater Vancouver is expected to hit 33,800 units by the end of 2014, the British Columbia Real Estate Association announced November 18 in its housing forecast. This is 16.6% higher than the number of units sold in...

Rumours of the great Canadian housing bubble are greatly exaggerated, says Greg Klump, chief economist for the Canadian Real Estate Association (CREA). While Canadian housing prices have increased an average 6.9 per cent so far this year (the highest...

That’s the news from the Canadian Real Estate Association (CREA). The data reflect sales that are stronger than expected, with recent months showing higher performance than experts foresaw. Nevertheless, sales activity is expected to reach a pe...

The national average home price rose in October but the impact of Canada’s two largest markets is continuing to influence Canada-wide numbers, according to the Canadian Real Estate Association. Across the countries prices were up 7.1% from a ye...

The average price of a home sold through the Multiple Listing Service last month was $419,699 – up 7.1 per cent from $391,931 in October 2013. That’s according to new numbers from the Canadian Real Estate Association (CREA), which reports on...

PROPERTY prices are tipped to soar over the next decade as median house prices in most capital cities come with a $1 million plus price tag. While it will music to the ears of current owners, for hopeful homebuyers it means they will be further squee...

While every buyer is their own man or woman, there are some common complaints from buyers looking for properties that don’t pass muster. Know them and you can avoid them when it’s your turn to sell. Clingy sellers It can be extremely difficult to...

The board said there were 3,057 sales in October, up from 2,661 sales a year earlier. Sales jumped 5.9% from September and were 16.6% above the 10-year average for October. Prices also continue to rise with the board’s benchmark index up 6% from a...

Housing prices in the Vancouver region are headed for a record high this year, and signs point to a continuing upward trend in Canada’s most expensive property market, fuelled by steady population growth and economic stability. The price for detach...

Australian homeowners are set to sail through 2014 without a single interest rate change. But the same can’t be said for 2015. There are widespread expectations among finance experts that rates won’t stay steady in the New Year. Determining facto...

Homeowners who choose the convenience of city life over the more generous living space in suburbia are driving Canada’s real estate market, according to a new report jointly produced by consultancy PricewaterhouseCoopers and the non-profit Urban La...

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