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This is a case of realtors crafting a narrative.
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Spring has sprung, and while spring season is normally an occasion to celebrate, with days growing longer, weather getting warmer and real estate heading into busy season, everything feels a little different this year. Canada's real estate markets are dealing with myriad of issues.
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Half the money circulating through Vancouver's housing market has vanished.
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Prospective homebuyers face a growing list of challenges -- from skyrocketing prices in Vancouver and Toronto, to soft conditions in Alberta, to another round of mortgage rule changes. But there are some good reasons 2017 is still a good year to buy a home in Canada.
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Meanwhile, Toronto's hot real estate market is spreading out.
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"Uncertainty" in the market amid new mortgage rules.
When you buy a home, you don't buy a national market, or even a provincial, regional or municipal one. You buy one property in a local market. What's happening in your area could be completely different from that in another province, or certainly at the other end of the country.
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House prices have fallen 5.6 per cent in two months.
It's June and school will soon be out for the summer. What better time to teach your kids about... real estate? Why? There's actually more than 500,000 reasons to do so. The number is really 508,097 -- as in dollars, the average price of a home in Canada as of April 2016, according to the Canadian Real Estate Association. This represents a 13.1-per-cent year-over-year price gain. We need to educate our kids about the realities of property ownership before it overwhelms them.
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TD Bank sees a possible "soft landing."
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Average house price hits $506,567.
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There appears to be some uncertainty on the real estate association's part about some of the regulations.
In the midst of the busiest month of the year in real estate, the Canadian housing market shows no signs of cooling down anytime soon, pushing buyers to think twice about their next move. Many assume that their best bet is to steer clear of the hot market, but that isn't necessarily a smart move.
The average price of a house in Canada passed the $500,000 mark for the first time in February, according to data from the Canadian Real Estate Association (CREA). The average price of $503,057 was up...
Outside of Toronto and Vancouver, things are pretty flat in the housing market.
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OTTAWA — Canadian home sales grew in October as demand remained strong in the red-hot real estate markets in Vancouver and the Greater Toronto Area. The Canadian Real Estate Association said Monday th...
OTTAWA -- The Canadian Real Estate Association says home sales in September were down 2.1 per cent compared with August. The association says sales through its Multiple Listing Service were down in mo...
OTTAWA - The boom in Canada's housing market continued in August with sales of existing homes edging up 0.3 per cent month over month and holding at levels not far off the five-year high reached in Ma...
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OTTAWA - The Canadian Real Estate Association says low interest rates have given buyers confidence and pushed the number of monthly sales in May and June to the highest levels in years.The association...
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TORONTO - Home sales accelerated in May to their highest level in more than five years, as some home buyers looked to preempt an increase in mortgage insurance premiums.The Canadian Real Estate Associ...
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One of Canada’s most innovative services in the country’s tightly-controlled real estate market will close later this month. Rogers confirmed on Tuesday that it will shut down Zoocasa, its real estat...
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Housing affordability continued to erode in the first quarter of 2015, the third quarter in a row that buying a home has become more difficult in Canada, according to numbers from Desjardins Group. Of...
TORONTO — The Canadian Real Estate Association is predicting that the impact of declining oil prices on consumer confidence in some provinces will push down Canadian home sales by 1.1 per cent this ye...
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OTTAWA -- Home sales slipped lower in January for the second month in a row, with a slowdown in Calgary and Edmonton responsible for much of the decline. The Canadian Real Estate Association says sale...
Home sales in Canada fell for the third month in a row in January, signalling the likely end of a hot run for real estate as lower oil prices cool the country’s economy. House prices are now falling...
OTTAWA - There were fewer home resales in Canada last month, with Calgary and Edmonton showing the biggest declines.The Canadian Real Estate Association says the number of sales of previously owned ho...
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The average price of a home in Canada hit another all-time high in October, rising 7.1 per cent over the past year to just short of $420,000. But economists at Canada's major banks caution — as they h...
When it comes to cutting land transfer taxes that tack on thousands to the cost of a home, Canada’s realtors are happy to talk. But when it comes to realtors’ fees, which have been soaring in recent y...
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Homeowners in some of Canada’s most expensive real estate markets pay some of the country’s lowest property tax rates, and vice versa. The Real Property Association of Canada (REALpac) has released ne...
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Carleigh Pawlikowski is a bit of a control freak. So when it came to the biggest purchase of her life — a first home — she was lucky to find herself in Nova Scotia, one of the only places in Canada wh...
Is Canada in a major housing bubble? Without crucial data that lenders and government are withholding, it’s practically impossible to tell. In this series, HuffPost Canada examines the gaps in our kno...