For many Canadians, buying a home can be a challenging and stressful experience fraught with worry. Indeed, a recent survey from Zillow and Ipsos found that 92% of Canadians see at least one barrier to home ownership, and two of the top concerns are related to the mortgage process. Canadians report feeling pressured by stricter
British Columbia bars real estate agents from dual agency
June 20, 2018 by
The province of British Columbia in Canada has said real estate professionals are no longer allowed to take part in so-called “double ending” deals, or in other words, deals wherein they represent both the buyer and the seller.
Loonie for Canadian Real Estate Heres Why
April 24, 2017 by
Most of the U.S. residential real estate market has been and will continue to see low inventory, higher prices, and more competition among buyers going forward. It doesn’t matter if you are looking for a primary residence or an investment property, opportunities are rare and becoming rarer.
The Reasons Why I Chose a Condo Over a House
May 6, 2016 by
Over the years, my wife and I have moved into several types of homes and we’ve come to the conclusion that we are more suited for condo living than a house with a yard in the countryside. While I wouldn’t advise all my friends to look at Montreal condos for sale, I do recommend it
Survey shows 1/3 of Candians believe housing is “unaffordable”
November 27, 2015 by
More than a third (38 percent) of Canadian homeowners feel that housing in their area is unaffordable, according to a new survey released by Manulife Bank of Canada.
Are Canada’s cities on the verge of a housing crisis?
August 11, 2015 by
The real estate market in the Canadian cities of Toronto and Vancouver is red hot right now, but with the average detached home selling for over $1 million, a growing number of people are being priced out of the market.
Scotia Plaza to Go On Sale with Possible $1 Billion Price Tag
January 24, 2012 by
Money talks, and the Bank of Nova Scotia is hoping some prospective buyers with fat wallets are ready to start chatting. The bank has confirmed that it is now looking to sell its towering 68-story Toronto skyscraper, Scotia Plaza. Canada’s second-tallest skyscraper will soon be up for sale, and the transaction could go for around
Edmonton Property Taxes Rise, Assessments Mailed this Week
January 4, 2012 by
Today, the city of Edmonton, AB sent out property tax assessments to homeowners. For many in the capital of the western Canadian province, the assessments for 2012 will be surprising. Like many areas of the country and around the world, Edmonton’s property values have declined, but despite this, property taxes will still rise. Those homeowners who were
HOOPP Plans $300M Mississauga Business Park Development
December 5, 2011 by
Avision Young has announced that Healthcare of Ontario Pension Plan (HOOPP) acquired 33 acres of property in Airport Corporate Centre (ACC), a Canadian business park in Mississauga. In the $300-million-dollar development, HOOPP intends to develop the property into 1.1 millions square feet of office space and over 70,000 square feet of restaurant and service facilities. HOOPP plans
Canada’s Real Estate Now More Affordable, Study Says
November 28, 2011 by
Homes in Canada became a bit more affordable in the third quarter of 2011, according to a new report by RBC. Most parts of Canada saw a decrease in housing costs, with Vancouver being the one exception. The index RBC uses calculates the affordability of housing at a given time. The lower the index, the
