International, Real Estate, US Real Estate

Canadian Real Estate Prices Rise at Slower Rate

By Allison Halliday | April 30, 2012
Latest statistics released by the MLS® Home Price Index, the chief sales index in Canada, showed prices rose in March, year on year, but gains have been slowing. The sales increase seen in March was the slowest since June 2011, rising by just 5.1% compared to March of the previous year.
International, Real Estate, US Real Estate

Growing Worries over Sub-Prime Mortgages in Canada

By Allison Halliday | April 18, 2012
The large Canadian banks have always lent responsibly, and even now are tightening lending conditions, but this doesn't appear to be the case with Canada's growing sub-prime mortgage industry.
Commercial Real Estate, International, Real Estate, US Real Estate

Construction of Toronto Premium Outlets Begins on April 25th

By Allison Halliday | April 11, 2012
Simon Property Group, Inc, and Callaway Real Estate Investment Trust has announced that the construction of Canada's first upscale outlet center will begin on April 25 with a ground breaking ceremony, with the first phase of the 500,000 ft.² center due to open by the summer of next year.
International, Real Estate, US Real Estate

Royal LePage Survey shows Fort McMurray Prices Are Balanced

By Allison Halliday | April 6, 2012
The latest Royal LePage House Price Survey which was released yesterday shows the real estate market in Fort McMurray is balanced. During the first quarter of this year detached bungalows achieved an average price of $635,000, while two-storey homes sold for an average of $710,000. Condominiums achieved an average price of $370,000.
Commercial Real Estate, International, Real Estate, US Real Estate

Canada's Royal LePage Launches New Commercial Program

By Allison Halliday | April 4, 2012
Canadian real estate agents, Royal LePage have just launched their new storied Commercial brand to support the company’s nationwide network of commercial real estate practitioners and clients. The new program will provide dedicated commercial practitioners with a complete set of tools and resources to help them better meet the needs of business and investment clients.
International, Real Estate, US Real Estate

TD Bank Warns Canadian House Prices Are Overvalued by up to 15%

By Allison Halliday | March 30, 2012
The Toronto-Dominion Bank, the second largest bank in Canada is worried Canadian house prices are overvalued by between 10% and 15%, and its chief economist thinks the government should be taking measures to slow down lending growth.
International, Real Estate, US Real Estate

BMO and the CREA Recommend House Hunters Plan Ahead

By Allison Halliday | March 19, 2012
With the spring house hunting season just around the corner, BMO Bank of Montréal and The Canadian Real Estate Association are recommending house hunters plan ahead. One of the first things to sort out is a mortgage, and a BMO mortgage specialist can visit you at work or home to help guide you through the […]
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