Real Estate News

TORONTO — From ultra-low interest rates that led to a huge spike in real estate demand to the speed with which interest rates shot up to levels not seen in a generation, it’s been hard to keep up with the shifting landscape for mortgage holders.

TORONTO — Canada's near-term economic struggles will ease next year when growth returns and the Bank of Canada begins cutting its key lending rate, a new forecast from Deloitte Canada said. A better-than-expected U.S.

SAANICH, B.C. — The British Columbia government has set out its first set of targets for thousands of new homes to be built in 10 cities or municipalities in an effort to chip away at the provincial housing crisis.

TORONTO — Homeowners in Atlantic Canada completed the highest number of emergency repairs due to weather-related events in the past year, according to HomeStars' latest renovation report.

TORONTO — On the hunt for a rental home in Calgary over the last six weeks, Marissa Giesinger and her boyfriend trawled through listings morning, noon and night, only to find most come along with dozens of applications and a steep price tag.

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in Canada edged down one per cent in August compared with July.

The national housing market slowed last month with sales and prices tumbling between July and August as the Bank of Canada's latest interest rate hike rattled buyers.

TORONTO — Canada will be short about 3.5 million homes by the end of the decade compared with what's needed to restore affordability, Canada Mortgage and Housing Corp. said Wednesday.

TORONTO — One Bay Street economist says it's unlikely the housing market will flare up, despite the Bank of Canada's decision to keep its key interest rate on hold on Wednesday.

MONTREAL — The Quebec Professional Association of Real Estate Brokers says home sales in Montreal rose four per cent in August compared with the same month last year.