The average price of a new low-rise home in the GTA has surpassed $900,000 for the first time, says BILD.
CIBC economists suggests we need more incentives for rental construction.
Home sales activity was down from the previous month in slightly more than half of all markets in July, led by Greater Vancouver and the Fraser Valley.
Like it or not, B.C.’s new real estate tax measures are now in effect.
Sales activity was down from the previous month in about half of all markets in June, says the Canadian Real Estate Association.
“You can’t include Toronto in the same discussion that you include Vancouver, because the situations are dramatically different," warns Royal LePage President Phil Soper.
It’s not always simple to determine a residence’s status for tax purposes
What would happen if home prices across Canada plummeted? Moody's has the answer.
Young Canadians who live in hot housing markets are increasingly looking to their parents for help.
B.C.’s housing sector will be one of the main drivers of economic growth this year.