International, Real Estate, US Real Estate

Canada’s Home Capital Group Taking Customers from Banks

By Allison Halliday | April 24, 2012
The Home Capital Group is taking business from larger Canadian lenders including Toronto Dominion Bank and the Canadian Imperial Bank of Commerce, as these lenders are backing away from the non-prime mortgage market that’s currently worth in excess $200 billion.
International, Real Estate, US Real Estate

Fears Remain over Toronto Real Estate Market

By Allison Halliday | April 21, 2012
Donald Trump was recently in Toronto to try to stir up interest in unsold units in the Trump International Hotel & Tower amid talks of the Toronto real estate market becoming increasingly overheated. Toronto has the distinction of having more condos currently under construction than any other North American city.
International, Real Estate, US Real Estate

Condos Seen As More Affordable Option in Vancouver, Canada

By Allison Halliday | April 19, 2012
According to the annual TD Canada Trust Condo Poll, those wishing to live in Vancouver, one of Canada's most expensive real estate markets, are choosing to buy condos. Nearly two thirds (62%) say their main reason for purchasing a condo is that it's more affordable than a house.
International, Real Estate, US Real Estate

Re/Max Forecasts Busy Spring Ahead for Canadian Real Estate

By Allison Halliday | March 24, 2012
Real estate agents Re/Max are forecasting a busy spring for the Canadian real estate market, as major markets in the country have performed quite strongly since the beginning of the year. Its market trends report surveyed 15 Canadian markets, and found 12 had reported increased sales activity
International, Real Estate, US Real Estate

Average Canadian Home Prices 2% More Than a Year Ago

By Allison Halliday | March 16, 2012
According to figures just released by the Canadian Real Estate Association (CREA), the average selling price of Canadian real estate increased slightly in February compared to a year earlier. The average price of a home sold in Canada last month was $372,763, which is 2% more than February 2011. The number of real estate sales […]
International, Real Estate, US Real Estate

TREB Fights against Giving More Online Listings Information

By Allison Halliday | March 15, 2012
The Toronto Real Estate Board (TREB) has launched a campaign against Canada's Competition Bureau against its plan to release more personal information online. This information would include the names and addresses of home sellers, and TREB says it is an invasion of privacy that could result in more cases of fraud.
International, Real Estate, US Real Estate

Real Estate Sales in Alberta, Canada To See Biggest Gains over Next Two Years

By Allison Halliday | March 8, 2012
According to a report from the Canadian Real Estate Association, Alberta will show the biggest year-on-year increase in home sales over the next couple of years. The CREA is predicting MLS sales will increase by 6.8% this year to reach 57,400, and by a further 1.7% next year to 58,400.

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