Cottages, Camps, Cabins and Condos – RE/MAX report sees sunny skies ahead for recreational property sales in Canada

TORONTO AND KELOWNA, BC, June 25, 2014 /CNW/ – Today RE/MAX released its annual Recreational Property Report, showing healthy activity across much of the country and forecasts modest increases in sales and prices through the rest of the year. With schools out and the coming Canada Day long weekend marking the unofficial start of summer, national recreational property sales and listings have …

After a slow start, demand for luxury homes is regaining momentum in most major centres, says RE/MAX

After a slow start, demand for luxury homes is regaining momentum in most major centres, says RE/MAX

Things You Need To Know About the 2013 Spring Home Buying Season

Spring in Toronto by Mathew Ingram Spring is the most active house selling season. No wonder everyone closely watches the numbers, as the spring market usually indicates where the housing market is heading. More than 40 per cent of all housing transactions annually are recorded during the months of

Housing Starts Down

The Conference Board of Canada's Metropolitan Housing Starts for April shows the majority of major cities across the country have negative expectations for both the short and long term. As of March 13 in St. John's, there were 1,635 housing starts compared to 1,925 a year ago.

OFL Releases People's Budget Plan for Ontario: Affordable Measures to Alleviate Poverty, New Infrastructure Investment …

The Ontario Federation of Labour released a white paper, A People's Budget – Towards a Fair Ontario, which proposes recommendations that will create good jobs, alleviate poverty, support workers and their …

Canadian Housing Market Update: CREA March Recap

The national housing market numbers are in from the Canadian Real Estate Association for the month of March, and it appears the trend of slowing sales and rising prices reported in Greater Vancouver and the Greater Toronto Area is nation-wide. March home sales are down 15.3 per cent from last year’s

Some Toronto condo sales face CRA scrutiny

Some sellers of new Toronto condos are seeing years of price gains in a booming market taxed away. Canada Revenue Agency auditors have added penalties to taxes for those who claimed their condo as a home, but soon changed their minds and sold. The CRA has yet to disclose how many sellers have been affected. But Toronto tax lawyer and text author David Sherman and other tax experts, accuse …

Canadian home sales rise in March

Ottawa, ON, April 15, 2013 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales edged upward on a month-over-month basis in March 2013 but stayed well below levels recorded one year ago. Highlights: National home sales rose 2.4% from February t

Bidding Wars In A Slow Market

What is this all about? It’s happening all over London. A friend in the office just mentioned she lost out last night in a bidding war on a low priced fixer upper house in “Old South” that had six offers. I wrote recently of losing out in a six offer bidding war on a $99,900 south end house on Emers

‘Smart Growth’ makes consumers housing aspirations irrelevant

Where city planners once actively discouraged downtown development and sought to push all growth to city outskirts, today the exact opposite policy is in place Perhaps aspiring homeowners should blame Plato. Ever since the ancient Greek philosopher’s republic presented his vision of a perfect city r