Real Estate News

TORONTO — The Greater Toronto Area housing market saw home sales and prices barely shift between July and August, but the leader of the region's housing board is expecting more volatility on the way.

TORONTO — A new Re/Max Canada report forecasts the country's real estate market will soften this fall with average home prices predicted to remain flat as the housing market deals with high interest rates and a lack of homes for sale.

VANCOUVER — The Real Estate Board of Greater Vancouver says higher borrowing costs combined with seasonal patterns are putting the housing market on track to see slowing sales and price stabilization.

CALGARY — The latest report from the Calgary Real Estate Board says the city saw record-high sales in August, driven by the condo market. The data shows 2,729 propertieswere sold in the month, an increase of 27.

TORONTO — Affordability is the top reason cited among Canadians who opted for co-ownership with family members and friends, according to a new Royal LePage survey.

TORONTO — Ontario Premier Doug Ford said Friday he's confident that nothing criminal took place in his government's process of removing land from the protected Greenbelt for housing development.

Ontario's municipal affairs and housing minister says he is looking at potential tax changes to spur the creation of rental units.

Ontario Premier Doug Ford is expanding so-called strong mayor powers to a total of 49 communities across the province and is offering $1.2 billion in incentives for cities and towns to meet housing targets.

TORONTO — Home prices posted the second-highest increase ever recorded in a single month after the one observed in July 2006, according to the latest Teranet-National Bank composite index. The index for July was up 2.

TORONTO — All levels of government need to collaborate to get more housing built in Ontario, but that work also needs to include the post-secondary education sector, says a report published Thursday by a University of Ottawa-based think tank.