Real Estate News

TORONTO — Last year marked the first time that more than half of investors in newly-completed Greater Toronto Area condos were losing money on their rental properties, and authors of the report that reached that conclusion expect the trend to persist

VICTORIA — British Columbia is expanding the tax it created to clamp down on real estate speculation and ensure homes in rental-strapped communities don't sit empty.

MONTREAL — As cottage season dawns, the prospect of joint ownership with family or friends grows anew for many Canadians, budding perennially like a lakeside plant.

OTTAWA — Canada Mortgage and Housing Corp. says the country's total residential mortgage debt was $2.08 trillion as of January this year, up six per cent from January 2022.

TORONTO — A new survey shows more than one in 10 Canadians own an investment property — and their ranks are expected to grow over the next five years.

HALIFAX — A 32-day fundraising campaign to preserve a huge and historic Acadian church in western Nova Scotia has raised only a fraction of the funds needed to save the building.

Investor-occupants made up almost 10 per cent of homeowners in British Columbia in 2020, Statistics Canada said Tuesday. A new report from the data agency shows B.C.

SAN FRANCISCO (AP) — San Francisco officials are investigating Twitter after six former employees allege that owner Elon Musk's leadership team broke laws by turning the company's headquarters into a “Twitter Hotel” for workers who were pushed to sta

LAKE BUENA VISTA, Fla. (AP) — No more premium stay in a galaxy far, far away: Disney World's “Star Wars: Galactic Starcruiser” hotel is making its last voyage at the end of September.

OTTAWA — The first increase in annual inflation since its June 2022 peak was driven in part by higher mortgage interest costs and higher rent prices, Statistics Canada said Tuesday. Mortgage interest costs were up 28.