HomeLife Benchmark Realty (Clov)

HomeLife Benchmark Realty (Clov)

Real Estate news

Your debt in 2018: The economic trends that could hit your pocketbook - Globalnews.ca

Real Estate News - December 17, 2017 - 6:02am

Globalnews.ca

Your debt in 2018: The economic trends that could hit your pocketbook
Globalnews.ca
Even without a housing crash, real estate values that are barely rising or stagnating will curtail Canadians' ability to use their home to finance spending or keep up with their existing debt, according to Hoyes. And, indeed, the forecast is for ...

Categories: Real Estate news

WALKER: Kelowna is Western Canada's best destination for real estate investors - InfoTel News Ltd

Real Estate News - December 16, 2017 - 3:34pm

WALKER: Kelowna is Western Canada's best destination for real estate investors
InfoTel News Ltd
Earlier this fall, Western Investor highlighted Kelowna as 2018's best Western Canadian real estate investment destination. I couldn't agree more. If you're looking at Western Canada as a place to invest in real estate over the next 12 months, Kelowna ...

Categories: Real Estate news

How much is your home worth? You might be able to find out online - Globalnews.ca

Real Estate News - December 16, 2017 - 8:01am

Globalnews.ca

How much is your home worth? You might be able to find out online
Globalnews.ca
In Toronto, websites like HouseSigma and MongoHouse have made sold prices publicly available after the Federal Court of Appeal recently ruled against the Toronto Real Estate Board (TREB), which has long argued such information the Multiple Listing ...

Categories: Real Estate news

'We're all in shock': Toronto billionaire and wife were found hanging in mansion, sources say - National Post

Real Estate News - December 15, 2017 - 11:49pm

Reuters Canada

'We're all in shock': Toronto billionaire and wife were found hanging in mansion, sources say
National Post
That officers are not canvassing widely for suspects or warning residents of danger suggests investigators believe it may be suicide or murder-suicide. The bodies were discovered by a real estate agent showing the house that is currently up for sale, a ...
Sources reveal details of 'suspicious' deaths of Apotex founder Barry Sherman and wife HoneyGlobalnews.ca
Family urges 'thorough' investigation into deaths of Apotex CEO Barry Sherman, wife HoneyThe Globe and Mail
Canadian police probe mysterious deaths of billionaire pharma coupleReuters Canada
Deutsche Welle
Categories: Real Estate news

Real estate expert says NDP have limited tools to reduce housing prices - Globalnews.ca

Real Estate News - December 15, 2017 - 5:06pm

Globalnews.ca

Real estate expert says NDP have limited tools to reduce housing prices
Globalnews.ca
An Ontario real estate professor says there aren't many tools left in the toolbox for politicians looking to control B.C.'s surging real estate prices. The B.C. NDP government says it will reveal a “comprehensive housing strategy” in the February ...

Categories: Real Estate news

Forget Subprime Canadian Real Estate Buyers, Investors Crashed The US Market - Better Dwelling

Real Estate News - December 15, 2017 - 10:31am

Better Dwelling

Forget Subprime Canadian Real Estate Buyers, Investors Crashed The US Market
Better Dwelling
Turns out middle class real estate investors caused the US real estate crash, not subprime borrowers. A new working paper titled Credit Growth and the Financial Crisis: A New Narrative was published on the US National Bureau of Economic Research (NBER ...

Categories: Real Estate news

Average selling price expected to rise 1% in 2018 after 13% jump this year - The North Bay Nugget

Real Estate News - December 15, 2017 - 9:03am

The North Bay Nugget

Average selling price expected to rise 1% in 2018 after 13% jump this year
The North Bay Nugget
The report indicates that move-up buyers were dominant in North Bay's freehold property activity this year, accounting for 76 per cent of sales. The popularity of bungalow-style condos among retiree buyers, and town home-style condos among millennial ...

Categories: Real Estate news

What does a boost in November home sales mean for Canada's real estate market? Experts weigh in - BuzzBuzzNews

Real Estate News - December 15, 2017 - 8:00am

BuzzBuzzNews

What does a boost in November home sales mean for Canada's real estate market? Experts weigh in
BuzzBuzzNews
November saw Canadian home sales jump 3.9 per cent, in what experts are calling a pull-forward of activity, before new mortgage rules come into effect in the new year. “Some of the gain may reflect some pull-forward of sales activity in an attempt to ...

Categories: Real Estate news

CREA sees $1-billion hit to economy next year as home sales fall - The Globe and Mail

Real Estate News - December 14, 2017 - 5:43pm

The Globe and Mail

CREA sees $1-billion hit to economy next year as home sales fall
The Globe and Mail
Home sales in Canada are expected to tumble in 2018, pulling prices lower and creating a broader drag on economic growth for the country next year, according to the Canadian Real Estate Association. CREA released its 2018 forecast on Thursday ...

Categories: Real Estate news

Albertans carry the most debt relative to their assets, Statistics ... - CBC.ca

Real Estate News - December 14, 2017 - 5:25pm

CBC.ca

Albertans carry the most debt relative to their assets, Statistics ...
CBC.ca
Albertans carry the most debt relative to their assets, according to data released Thursday by Statistics Canada. At 20.4 per cent, Alberta had the highest debt-to-asset ratio of any province in 2016. "Since 2012, this ratio decreased at a slower pace ...

Categories: Real Estate news

Albertans carry the most debt relative to their assets, Statistics Canada says - CBC.ca

Real Estate News - December 14, 2017 - 5:25pm

CBC.ca

Albertans carry the most debt relative to their assets, Statistics Canada says
CBC.ca
Albertans carry the most debt relative to their assets, according to data released Thursday by Statistics Canada. At 20.4 per cent, Alberta had the highest debt-to-asset ratio of any province in 2016. "Since 2012, this ratio decreased at a slower pace ...

Categories: Real Estate news

Housing prices in the Barrie area expected to jump again in 2018: report - CTV News

Real Estate News - December 14, 2017 - 12:16pm

CTV News

Housing prices in the Barrie area expected to jump again in 2018: report
CTV News
The average price of a home in the Barrie area is expected to increase next year, according to a new report. But the increase isn't expected to be as steep as it was in 2017. RE/MAX's 2018 Housing Market Outlook Report states the average residential ...

Categories: Real Estate news

Housing prices in the Barrie area expected to jump again in 2018 ... - CTV News

Real Estate News - December 14, 2017 - 12:16pm

CTV News

Housing prices in the Barrie area expected to jump again in 2018 ...
CTV News
The average price of a home in the Barrie area is expected to increase next year, according to a new report. But the increase isn't expected to be as steep as it was in 2017.

Categories: Real Estate news

Canada: Bill 139 Receives Royal Assent - Mondaq News Alerts

Real Estate News - December 14, 2017 - 11:55am

Mondaq News Alerts

Canada: Bill 139 Receives Royal Assent
Mondaq News Alerts
Our last two updates outlined the proposed amendments to the Planning Act and the Ontario Municipal Board under Bill 139. Today, Bill 139 received Royal Assent and came into force as the Building Better Communities and Conserving Watersheds Act, 2017 ...

Categories: Real Estate news

Home sales seen to fall more than 5% as new mortgage rules kick in - Financial Post

Real Estate News - December 14, 2017 - 11:16am

Financial Post

Home sales seen to fall more than 5% as new mortgage rules kick in
Financial Post
TORONTO — The Canadian Real Estate Association has cut its home sales forecast for next year due to the impact of tighter mortgage regulations that come into effect New Year's Day, which are expected to rein in spending for some buyers. CREA said in ...
Canadian home sales post solid gain in NovemberCanada NewsWire (press release)
Home sales rise to November record as average price hits $504000CBC.ca
CREA slashes its 2018 home-sales forecast due to tighter mortgage regulationsToronto Star
The Globe and Mail
Categories: Real Estate news

Home sales rise to November record as average price hits $504000 - CBC.ca

Real Estate News - December 14, 2017 - 10:10am

Reuters Canada

Home sales rise to November record as average price hits $504000
CBC.ca
Last month was the busiest November for home sales on record, despite a slowdown in activity in the Greater Toronto Area. The Canadian Real Estate Association said Thursday that home sales rose by almost four per cent in November from the previous ...
CREA sees $1-billion hit to economy next year as home sales fallThe Globe and Mail
Canada home sales rise; household debt hits recordReuters Canada
Perspective on Canada's Urban Housing BubblesStockhouse
Bloomberg -Reuters
Categories: Real Estate news

Canadians' debt burden keeps climbing, hits record in third quarter - The Globe and Mail

Real Estate News - December 14, 2017 - 9:29am

The Globe and Mail

Canadians' debt burden keeps climbing, hits record in third quarter
The Globe and Mail
The rise in mortgage borrowing also came despite evidence on a cooling of some of Canada's key housing markets, particularly the Toronto market. The Canadian Real Estate Association's home price index declined nearly 2.5 per cent in the quarter. But ...
Canadians owe $1.71 for every dollar of disposable income they have — a new record highCBC.ca

Categories: Real Estate news

Artis Real Estate Investment Trust Announces Renewal of Normal ... - Canada NewsWire (press release)

Real Estate News - December 14, 2017 - 9:06am

Artis Real Estate Investment Trust Announces Renewal of Normal ...
Canada NewsWire (press release)
WINNIPEG, Dec. 14, 2017 /CNW/ - Artis Real Estate Investment Trust (TSX: AX.UN) ("Artis" or the "REIT") announced today that it has received approval from the Toronto Stock Exchange ("TSX") to renew its existing normal course issuer bid (the "Bid") for ...

Categories: Real Estate news

Artis Real Estate Investment Trust Announces Renewal of Normal Course Issuer Bid - Canada NewsWire (press release)

Real Estate News - December 14, 2017 - 9:06am

Artis Real Estate Investment Trust Announces Renewal of Normal Course Issuer Bid
Canada NewsWire (press release)
Artis is a diversified Canadian real estate investment trust investing in office, retail and industrial properties. Since 2004, Artis has executed an aggressive but disciplined growth strategy, building a portfolio of commercial properties in British ...

Categories: Real Estate news
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