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Tag Archives: estate

Search for home in Ontario real estate market ‘humbling’ for first-time buyers

This article is the second in Global News’ Spring Housing Buzz series, where we will investigate a number of different areas related to the spring real estate market in Ontario. You can read Part 1 here. First-time homebuyers Onairy and Joseph Baiya love their three-bedroom townhouse in Whitby, Ont., since …

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Limited exposure to U.S. commercial real estate giving Canadian bank investors hope. Why? – National

Limited exposure to U.S. commercial real estate (CRE) is giving shareholders hope that Canada’s big banks can weather the storm that has rocked rivals in the United States and Europe. However, investors will be on alert for signs of stress when Canada’s top six banks next week post first quarter …

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Ontario real estate law updated with open bidding option

TORONTO — New rules for Ontario real estate are coming into force that are meant to provide more clarity and choice for buyers and sellers, though they don’t go as far as some had hoped. The rules, which took effect Friday, include the option for sellers to use an open …

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Okanagan’s real estate listings could increase after new short-term rental rules – Okanagan

Jack Mendes is already contemplating what he will do with his short term rental unit in downtown Kelowna, B.C., if new legislation prohibits him from renting it to vacationers four months out of the year. “I am positive that I will sell it,” Mendes told Global news. “Right now, we …

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Winnipeg Regional Real Estate Board reports on September housing market – Winnipeg

Descrease article font size Increase article font size The average price of homes is still climbing in Manitoba’s capital, and sales remain steady. A report by the Winnipeg Regional Real Estate Board (WRREB) said prices for single detached homes are up four per cent from last year, and 10 per …

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Why experts say predictability is returning to Ontario’s real estate market

Before the days of bidding wars and bully offers, the real estate market used to be cyclical and fairly predictable. There was a spring market, which was typically the busiest time of year, and there was a fall market, where the action typically picked up following a quiet summer. However, …

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Mississauga police charge real estate agent with sexual assault, more victims possible – Toronto

Descrease article font size Increase article font size Police in Mississauga have charged a real estate agent with sexual assault and fear there could be more victims. Peel Regional Police said a man met someone as part of a real estate meeting around Hurontario Street and Eglinton Avenue West in …

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Housing market showing signs of tightening: Toronto real estate board – Toronto

Toronto’s housing market continued to tighten last month as prices edged up four per cent from March and sales moved closer to the level they were at last April, the Toronto Regional Real Estate Board revealed Wednesday. April’s average price tumbled 7.8 per cent to $1,153,269, but was roughly four …

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Real estate agents caught on hidden camera facilitating mortgage fraud for a fee

As interest rates rise, qualifying for a mortgage is getting harder for buyers, but that isn’t stopping some real estate agents from making a sale. An undercover investigation by CBC Marketplace has exposed some networks of real estate agents, mortgage brokers and bank employees facilitating mortgage fraud for a fee. …

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Documents at Trump estate ‘likely concealed and removed’ after June visit: Justice Department

The U.S. Justice Department said late Tuesday that classified documents were “likely concealed and removed” from former President Donald Trump’s Mar-a-Lago estate as part of an effort to obstruct the federal investigation into the discovery of the government records. The FBI also seized 33 boxes containing more than 100 classified …

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