Canadian Real Estate

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.

Who Can You Believe About the Real Estate Market?

Brennan Aguanno and Anna Kemp | Posted 12.31.2012 | Canada Business
Brennan Aguanno and Anna Kemp

I've always found the disparity of housing market articles fascinating. On any given week I will come across headlines varying from predictions about an imminent collapse to stories about how the market has never been better. Statistics can be manipulated in so many ways that realtors, journalists, economists, or whoever feels like it, can pretty much paint the market to look however it best suits them.

'Like Looking In A Funhouse Mirror'

CBC | Posted 09.22.2012 | Canada Business

When someone asks how house prices are doing in a particular neighbourhood, the question seems easily answered. The big real estate boards...

Ask a Realtor: Should I Just Rent in This Market?

Susanne Hudson | Posted 08.07.2012 | Canada Business
Susanne Hudson

Renting is always an option but the allure of owning your own home is hard to beat! And over the long run owning a home that is appreciating in value is a good investment. Where else can you enjoy the comfort of an investment and pay no capital gains when you cash out?

Economists Get It Wrong: Real Estate Slowdown Will Be Next Year

CP | Sunny Freeman, The Canadian Press | Posted 02.12.2012 | Canada Business

TORONTO - Francesca Asante-Frempong, a self-described "late bloomer," believes buying her first home at age 35 will have been worth the wait if econom...

Canada's Largest Real Estate Board Sued

The Canadian Press | Posted 07.28.2011 | Canada Business

TORONTO (CP) -- The Competition Bureau has filed a lawsuit against Canada's largest real-estate board, a move the federal agency hopes will warn other...