Ottawa, ON, June 17, 2013 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales improved in May 2013, building on gains recorded in the previous two months. Highlights: National home sales rose 3.6% from April to May. Actual (not seasonally adjusted) activity came in 2.6% below levels in […]

Ottawa, ON, June 17, 2013 – The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity via the Multiple Listing Service® (MLS® Systems) of Canadian real estate Boards and Associations in 2013 and 2014. Most Canadian housing markets have been evolving as anticipated since CREA’s last forecast released in March. National […]

The Bank of Canada’s economic outlook and key policy rate remained unchanged when it announced on May 29th 2013 it was keeping its trend-setting overnight lending rate 1 per cent. In its April announcement, the Bank recognized the persistent economic weakness and cut its forecast for Canadian economic growth to 1.5 per cent in 2013. […]

Ottawa, ON, May 15, 2013 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales edged up slightly on a month-over-month basis in April 2013. Activity has generally held to within short reach of current levels for the past nine months.  Highlights: National home sales rose 0.6% from March […]

The Bank of Canada kept its key policy rate at 1 per cent on April 17th 2013. It has been unchanged at this level for more than two and a half years. In its April policy rate announcement, the Bank lowered its forecast for Canadian economic growth to 1.5 per cent this year. Its previous […]

Donald Trump is coming to Vancouver next week, confirming speculation that the Holborn Group will be bringing a Trump International tower to the city.

The luxury mansion built for Bear Mountain developer Len Barrie is back on the market at less than half of last year’s asking price.

OTTAWA — Canada Mortgage & Housing Corp., which insures $563 billion of mortgages, named former Bank of New York Mellon Corp. CEO Robert Kelly chairman last month amid government pressure to upgrade management. He joins a board that includes a partner in a plumbing company and the former solicitor of a town in rural Nova Scotia.

As housing starts continue their ho-hum-but-steady pace through 2013, a surge in the number of building permits shows stronger numbers might be around the corner. The six-month trend for housing starts in Metro was nearly identical in May, at 16,324 units started, compared with April, at 16,370 units started, Canada Mortgage and Housing Corporation reported Monday.

The value of commercial real estate sales in the Lower Mainland dropped 40 per cent in the first quarter of 2013 from the same time last year, and was the lowest seen since the first quarter of 2009, the Real Estate Board of Greater Vancouver reported Thursday. There were 384 commercial real estate sales worth $886 million conducted in the first quarter of this year. Last year’s first quarter, the highest in five years, saw 480 sales.

New ‘suburbia’ features affordable and sustainable housing close to shops, dining and transit

Bring home only the useful and the beautiful

Brentwood Bay on Saanich Inlet priced to reflect recessionary building-expenses

Five-storey Destiny addition to North Vancouver community a promise of glass-house-in-the-forest residency

Builders and their brokers put a lot of thought into the names of their buildings

New ‘suburbia’ features affordable and sustainable housing close to shops, dining and transit

Bring home only the useful and the beautiful

Brentwood Bay on Saanich Inlet priced to reflect recessionary building-expenses

Five-storey Destiny addition to North Vancouver community a promise of glass-house-in-the-forest residency

Builders and their brokers put a lot of thought into the names of their buildings

He’s Toronto’s condo king and the man whose giant head you have probably seen attached to a cartoon lamb’s body on a billboard. Sure, it’s a bit silly, but it works. Here, super agent Brad Lamb shares his advice on sticking out from the crowd, shutting your mouth and why your local bartender could be the best hire you ever make.

Developers can see the demographic reality. But building where seniors want to live is a growing challenge

‘Motivated’ seller leads to a quick sale

An Eden Smith original with its Arts & Crafts styling intact

Bungalow goes $67,000 over asking