Canadian Real Estate

Feds Not Taking Real Estate Money Laundering Seriously: Critics

CP | Alexandra Posadzki | Posted 05.25.2016 | Canada Business

"The government should not be taking a lax approach to these practices."

Millennials: Buying A Home ASAP Is Worth It In The Long Run

Samantha Brookes | Posted 04.21.2016 | Canada Business
Samantha Brookes

Thirty-six is the new 30 for first-time home buyers in Canada -- meaning that the average age of current home buyers is 36, while the majority of current home owners bought their place before they were 30. Considering that millennials are typically 25 to 34 years old, many are left asking the question: are millennials buying homes?

Canada's House Prices 10 Years From Now, If This Keeps Up

The Huffington Post Canada | Daniel Tencer and Jesse Ferreras | Posted 04.18.2016 | Canada Business

You don't even want to see what it will cost you to upgrade from a condo to a house.

Read Beyond The Fairy Tales About Canada's Housing Market

Ross Kay | Posted 04.04.2016 | Canada Business
Ross Kay

The problem the housing bears have had is they are reading the same fairy tales about Canada's housing market that the housing bulls continue to suggest all Canadians keep reading. It's time to stop turning the pages and start reading what the words are really saying.

March Madness: Canada's Fastest-Growing Real Estate Markets

YPNextHome | Posted 03.18.2016 | Canada Business
YPNextHome

In the spirit of the NCAA March Madness basketball tournament, YPNextHome put together our own bracket of championship housing markets across Canada. It's East versus West, as city market takes on city market to determine the eventual Canadian slam-dunk champion.

What New Canadians Need To Know About Buying A Home

Christine Shisler | Posted 03.07.2016 | Canada Business
Christine Shisler

While the prospect of purchasing a home for the first time in Canada is an exciting and important step, many newcomers choose to rent for the first several months to a year (or longer) after their arrival. Before deciding whether to rent or buy, it's important that you know what you can afford, weigh the options available and take the time to make the right decisions that will ensure a successful future in Canada.

A Look At Canada's Housing Performance Over Time

YPNextHome | Posted 02.23.2016 | Canada Business
YPNextHome

Strong historic home price growth might be an expected result, given that real estate is a proven performer over the long term. But looking at price growth in these four-year windows from now to 1984 shows some pretty staggering appreciation.

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 RentSeeker.ca Team | Posted 11.26.2015 | Canada Business
The RentSeeker.ca 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 05.29.2016 | 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

HuffingtonPost.com | 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

HuffingtonPost.com | 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.