Real Estate News

A new report says the average asking price for a rental unit in Canada was $2,193 per month in February, marking a 10.5 per cent jump year-over-year and the fastest annual growth since September 2023. The data released Monday by Rentals.

MONTREAL — The Quebec Professional Association of Real Estate Brokers says Montreal-area home sales jumped 30 per cent in February compared with the same month a year earlier, but sales activity remained slightly below the historical average for this

TORONTO — Greater Toronto home sales and listings were up in February from last year, but adjusted sales were down from a month earlier, the region's real estate board said Tuesday. Sales were up 17.

VANCOUVER — Greater Vancouver's real estate board says new listings were up in February as home sellers shed some of their hesitance and home sales also rose.

Canada's housing agency says it is ending the first-time homebuyer incentive program, which many had criticized as unhelpful. Canada Mortgage and Housing Corp.

CALGARY — The Calgary Real Estate Board (CREB) says February home sales were up nearly 23 per cent from last year as new listings rose. The board says sales totalled 2,135 units, while the volume of sales in dollars rose 41.3 per cent to $1.

TORONTO — George Weston Ltd. reported a smaller loss in its fourth quarter compared with a year ago as its revenue edged higher. The company, which owns a majority stake in Loblaw Cos. Ltd.

VANCOUVER — Policy watchers are split on the value of British Columbia's upcoming provincial flipping tax targeting those looking to make a quick buck in the real estate market.

VICTORIA — The New Democrat government pledged more homes for middle-class people in British Columbia and eviction protection for renters in a throne speech that promised affordability measures in this week's budget, with a provincial election set fo

OTTAWA — The annual pace of housing starts in January slowed by 10 per cent compared with December, as the rate of starts for new multi-unit projects such as apartments, condominiums and townhouses pulled back. Canada Mortgage and Housing Corp.