Canadian Real Estate

What's Really To Blame For High House Prices In Canada?

Ben Myers | Posted 01.28.2016 | Canada Business
Ben Myers

"Progress" has been replaced by "housing crisis." Many neighbourhoods, municipalities and even metro areas have experienced annual double-digit house price inflation over the past decade, forcing many middle-income individuals and households to make tough choices about where they want to live.

Toronto And Vancouver Real Estate Is Undervalued - Globally Speaking

Ben Myers | Posted 12.21.2015 | Canada Business
Ben Myers

High price-to-rent and price-to-income ratios don't signal overvaluation, an overabundance of property speculation, or impending doom. Perhaps they actually signal the ascension of Toronto and Vancouver into the highest of global ranks.

Why Newly Constructed Homes Remain Unsold In Alberta

Nick Ford | Posted 12.10.2015 | Canada Alberta
Nick Ford

I recently wrote an edition presenting a statistic that isn't covered very often and it garnered some attention and debate. The statistic I'm referring to is the number of completed but unabsorbed houses. These are houses (single and semi-detached) that are freshly built that don't have a binding, non-conditional agreement made to buy or rent the house.

Where Millennials Are Choosing To Live In Canada

The Team | Posted 11.26.2015 | Canada Business
The Team

There are many amazing places in Canada to call home. The upcoming generations of adults, often referred to as millennials, are quickly changing the landscape of our country, and where they're choosing to live may surprise you.

Only 'Medium' Chance Of A Toronto, Vancouver Housing Bust: TD Bank

The Huffington Post Canada | Jesse Ferreras | Posted 07.31.2015 | Canada Business

Don't panic!

Top 5 Questions You Should Ask Before Buying a Cottage

Wade Stayzer | Posted 06.19.2015 | Canada Business
Wade Stayzer

Whether it's the thought of enjoying the sunsets on the deck or the soothing sound of water at your doorstep, owning a cottage is a dream for many Canadians. If you're contemplating buying a vacation property, it's critical that you weigh the costs against the rewards.

Short-Sighted Politicians Are Fuelling Canada's Housing Crisis

Dan S. Barnabic | Posted 05.29.2015 | Canada Business
Dan S. Barnabic

Global migration trends are changing demographics on a large scale, so if we do not employ the right political safeguards right now, many middle-class Canadians may find themselves unable to equally co-exist with wealthy newcomers.

Poloz Deflates Housing 'Bubble' Fears

The Huffington Post Canada | Sunny Freeman | Posted 04.28.2015 | Canada Business

There is no Canadian housing bubble, the central bank governor assured Parliament Tuesday, despite the bank’s own estimate that home prices are over...

New Homeowners Are Picking The City Over The Suburbs

CP | Linda Nguyen, The Canadian Press | Posted 12.27.2014 | Canada Business

TORONTO - Homeowners who choose the convenience of city life over the more generous living space in suburbia are driving Canada's real estate market, ...

Guess Whose Housing Ranks Among The World's Most Overvalued

The Huffington Post Canada | Posted 09.04.2014 | Canada Business

Overvalued real estate markets in Canada and elsewhere show an "unhappy resemblance" to the conditions that existed in America prior to the financial ...

Sunny Freeman

Six Key Reactions About Canada's Housing Market Report | Sunny Freeman | Posted 07.15.2014 | Canada Business

The average Canadian home price jumped an annual 6.9 per cent in June, suggesting that the market is still on a tear that has long passed the real est...

Sunny Freeman

Canada's Housing Market Is Massively Overvalued, Ratings Agency Warns | Sunny Freeman | Posted 07.14.2014 | Canada Business

Ottawa may need to step in again to cool an overheated housing market that is showing no signs of slowing, according to a global credit rating agency....

Bad News For Construction Workers

CP/Huffington Post Canada | The Canadian Press | Posted 04.07.2014 | Canada Business

OTTAWA - Statistics Canada says the value of building permits issued by municipalities declined 4.1 per cent to $6.5 billion in December, following a ...

Will Selling Your Home Privately Lead to Legal Problems?

Nathan Dautovich | Posted 04.01.2014 | Canada Business
Nathan Dautovich

One of the most common questions I get from people looking at selling their home privately concerns potential legal problems that could arise from selling without using an agent. One of the biggest misconceptions out there is that sellers think that legal problems are inevitable.

How to Sell an Assignment Property

Nathan Dautovich | Posted 03.18.2014 | Canada Business
Nathan Dautovich

In the years between when the assignment is purchased and when the unit is occupied, there are many reasons why people who bought these assignments may want to sell. Maybe their financial situation has changed, maybe their family status has changed, or maybe they need the money elsewhere.

Selling a Condo in a Slow Market? Try This Tip

Nathan Dautovich | Posted 02.18.2014 | Canada Business
Nathan Dautovich

Another thing condo owners do to try to differentiate themselves is spend thousands of dollars on upgrades. This is usually a bad investment as only a fraction of that is recouped when the condo sells. Industry data shows that similar sized units sell for similar prices, regardless of any upgrades done.

Real Estate: Is it Better to Buy First or to Sell First?

Nathan Dautovich | Posted 02.05.2014 | Canada Business
Nathan Dautovich

I get asked all the time by prospective home sellers whether they should sell their home first and then buy, or whether they should buy first and then sell. The short answer is that there is no right decision, and there are advantages and disadvantages to both options.

Five Tips For Selling a Home Privately

Nathan Dautovich | Posted 01.25.2014 | Canada Business
Nathan Dautovich

Canadians are using alternative services when selling their homes. I've been working for five years in Toronto helping people to sell their homes privately, and in this time I've learned what works, and more importantly, what doesn't work.

Housing Market Overvalued Says Ratings Agency

CP | Linda Nguyen, The Canadian Press | Posted 01.23.2014 | Canada Business

TORONTO - Sky high prices in the Canadian real estate market won't be climbing for much longer, says a report by global rating agency Fitch Ratings.Th...

How To Price Your Home For Sale

Nathan Dautovich | Posted 01.23.2014 | Canada Business
Nathan Dautovich

When selling a house, pricing it correctly is one of the most important steps. If the house is priced too high, it can linger on the market for months without any chance of selling. Even worse, if the price is too low, it will certainly sell, but the seller could be leaving tens of thousands of dollars on the table.

Absurd Property of the Week: Vancouver vs. Alberta

Melissa Carr | Posted 08.09.2013 | Canada British Columbia
Melissa Carr

People live in lots of other cities in our country and for many different reasons. Yes, Vancouver is beautiful. Yes, we have a mild climate. Yes, our quality of life here is amazing! However we also have tons of rain, an out-of-control cost of living and -- absurd property prices. Anyway, I digress. I'm on the last leg of my cross-Canada tour. Today we'll have a look at what your Canuck bucks will fetch you in Alberta.

Absurd Property of the Week: Vancouver vs. Saskatchewan

Melissa Carr | Posted 07.31.2013 | Canada British Columbia
Melissa Carr

We're on to the flatlands of Saskatchewan this week. I thought instead of picking a price point, I'd have a look at what an average home costs in Regina.

Absurd Vancouver Property: Vancouver vs. Halifax

Melissa Carr | Posted 06.23.2013 | Canada British Columbia
Melissa Carr

Last week we had a look at what around $800K could buy you in Vancouver vs. PEI. This week we're headed to Nova Scotia, with a budget of just under $2 million.

Absurd Vancouver Property Of The Week

Melissa Carr | Posted 06.12.2013 | Canada British Columbia
Melissa Carr

Last week we compared what your money would buy you in Vancouver vs. Newfoundland. This week, we are looking on Prince Edward Island.

Absurd Vancouver Property: What $1.6 Million Can Buy

Melissa Carr | Posted 06.05.2013 | Canada British Columbia
Melissa Carr

Over the next few weeks in my Absurd Vancouver Property series I'm going to take you across Canada from east to west. Today, what $1.6 million can buy in Newfoundland versus in Vancouver.