Toronto home sales down and condos up

Toronto Real Estate Board Says Toronto Home Sales Down But Condo Prices Still Rising

The Greater Toronto Area had September home sales that were down 35% over the same period last year, yet condo prices still continue to rise. The latest report from the Toronto Real... Read more »

Another Hot Month For Home Sales in Montreal

The 2899 residential sales last month in Greater Montréal were up 8% year-on-year. The Greater Montréal Real Estate Board adds that the number of sales has just posted its 29th monthly increase... Read more »
The entrance of one of the buildings of the Montreal racecourse Photo: Radio-Canada / Julie Marceau

Sale Of Hippodrome Site Finally Formalized

The City of Montreal is committed to demolish the racecourse in the Côte-des-Neiges neighborhood within two years, after finally finalizing the agreement to divest the site with the Government of Quebec and... Read more »

Canada Needs To Do More To Cool The Hot Real Estate Market

The Organization for Economic Co-operation and Development (OECD) recommends that Canada do more to reduce the risks associated with overheating real estate markets, particularly in Toronto and Vancouver. Like other international institutions... Read more »

Mortgage Lines Of Credit Exposing Canadians To Out-Of-Control Debt

A growing market, mortgage lines of credit (MCH) are increasingly exposing consumers to the risk of over-indebtedness, according to a report released Wednesday by the Financial Consumer Agency of Canada (FCAC). Titled... Read more »