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.
Micro Condos For Sale In Canada’s Hottest Real Estate Markets
Real estate in Canadian property hotspots such as Vancouver and Toronto is notoriously expensive, but now developers have come up with a new solution. A Toronto developer is due to start construction on tiny condos of just 300 ft.², and which come with far more affordable price tags than the average apartment in the city.
Canadian Real Estate Market Stronger Than Expected
According to recent data, the Canadian real estate market has performed surprisingly strongly compared to a year earlier, and prices have increased more than anticipated. In fact just recently there were concerns that the housing market could be in trouble, but seasonally adjusted sales have exceeded their 10 year average. The article in the Globe
Search Realty Announces Co-Lister, the New Way to Sell a Home
Search Realty’s Co-Lister is a more intuitive way of selling real estate. Canadian homeowners can sell a home more quickly, and can save themselves thousands of dollars in the process.
Partners Real Estate Investment Trust
With hurdles to credit and lack of consumer confidence still low in the US, is Canada the investment Mecca for Baby Boomers and the monied middle class? This question has to, or at least should be, in the minds of all those looking for a stable property investment. If you Google “Canadian Real Estate Trusts”, the trail
Average Canadian Prices Declined by 2% in July, Dragged down by Vancouver
The national average home price in Canada declined by 2% in July compared to July 2011, due to price falls in Vancouver, as most markets saw slight increases. Figures from the Canadian Real Estate Association showed the average price for a Canadian home sold in July 2012 was $353,147.
Fears of Real Estate Bubble in Vancouver Are Apparently Overrated
There has been a lot in the news recently about the possibility of a real estate bubble in the Canadian housing market, with Finance Minister Jim Flaherty warning that Canadians are taking on too much debt and that they could face problems once interest rates begin to rise.
Canadian Olympians Oppose New Ski Resort in British Columbia
Apparently several Canadian Olympians have signed a letter opposing the development of a huge ski resort in British Columbia. They are against a planned development near Invermere in British Colombia, Canada.
Canadian Real Estate Prices Rise at Slower Rate
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.