Toronto-based Tricon Capital Group, an investor and asset manager focused on residential real estate, says it’s Tricon Lifestyle Communities venture has bought three manufactured-housing communities in California. Read: Pressure points for U.S. commercial real estate Two of the communities, Riverdale Estates and Palmdale Estates, are age-restricted properties. Retirees can buy a prefabricated home and install […]
U.S. consumer confidence rebounded this month, along with U.S. home prices. Read more on both.
To get the best mortgage rate deal you need to hedge and shop aggressively.
National home sales were up on a month-over-month basis in October 2016.
Risks stemming from household debt and the housing market will be better addressed by the government's recent policy moves than by interest rate decisions.
Foreign purchasers of condos represented 5% of all sales that have occurred within projects currently active in the GTA, says survey.
Advisors may have the ability to offer clients direct online investing in mortgages within five years. That’s the hope of Lending Loop chief executive Cato Pastoll, who expects peer-to-peer lending in Canada to expand quickly into consumer lending like mortgages after such an evolution of the sector in the U.K. and U.S. “I’m hopeful it […]
In 50 years, the average home in Toronto will cost $4.4 million. That might sound crazy, but Toronto Life research makes the case.
The CRA crackdown on real estate tax fraud is producing some big numbers in audit recoveries. Read: Feds close loophole on capital gains exemption The CRA’s website shows that, for the last year and a half, audit recoveries in B.C. and Ontario total more than $240 million. In B.C., $30.3 million (from 2,366 case files) […]
No change is expected in benchmark interest rates this week, but we’ll likely see BoC issue another warning on housing market conditions, says Nasdaq analyst.