Mortgage fears drive up Canadian home sales Fears of higher mortgage rates are driving strong sales in a housing market that was on the ropes just a year ago. August sales numbers hint at a Canadian market that has `shades of taking flight again,` said Bank of Montreal economist Sal...

Ottawa resale market on the up and up. Ottawa, September 5, 2013 - Members of the Ottawa Real Estate Board sold 1,219 residential properties in August through the Board`s Multiple Listing Service system, compared with 1,145 in August 2012, an increase of 6.5 per cent. The five-year...

Home sales in the Greater Toronto Area shoot up 21% in August: realtors TORONTO - Realtors say home sales in the Greater Toronto Area shot up 21 per cent in August compared with last year, with strength in all major housing categories. The Toronto Real Estate Board says 7,569...

Toronto agents go online to reach Chinese buyers How many people in Canada have the dosh to spend $1.95-million for a two-bedroom suite at the Four Seasons Hotel and Private Residences in Yorkville? Not enough for Chestnut Park Real Estate Ltd.`s Victoria Boscariol, who was convinced...

GTA REALTORS(R) Report Monthly Resale Housing Market Figures TORONTO, ONTARIO -- (Marketwired) -- 09/05/13 -- Greater Toronto Area REALTORS reported 7,569 residential transactions through the TorontoMLS system in August 2013. This represented a 21 per cent increase compared to 6,249 sales...

Business hubs willing to pay to be near rapid transit New research from Jones Lang LaSalle (JLL) reveals that office tenants in Toronto`s emerging business hubs are willing to pay a substantial premium for the convenience of rapid transit access. In the firm`s inaugural Transit...

Canada auto sales track for record August sales climb another 6.5 per cent Canada`s auto industry is poised for a record-setting year amid a 6.5-per-cent increase in new vehicle sales in August compared to the same period last year. Dealers sold 159,004 units sold last month...

Canada`s Largest Housing Markets Continue Surge in August Sept. 5 (Bloomberg) -- Home sales in Canada`s two largest real estate markets continued their surge in August from a year earlier. Sales in Toronto, the largest market, rose 21 percent from August last year to 7,569 units...

Jones: Western provinces stronger together In a few short years, we've gone from achieving a new height in collaboration in Western Canada to climbing out of a new low. The proposed Northern Gateway pipeline has thrown a wrench in the relationship and the plucky message that B.C. can prosper...

Sold! housing boom brings radical changes to a new Waterdown Town struggles with traffic, a cultural divide and nowhere for seniors to live It's 3 p.m. on Tuesday afternoon, and the Waterdown where Judi Partridge sits is not the Waterdown of 10 years ago. Cars line up and...

Sold! How a hot real estate market is changing Hamilton For seven years, 446 Dundurn St. S. didn't get much love. It's a large brick house built in the early 1960s, a former duplex in the Kirkendall neighbourhood. It went on the market a couple of times in the past decade, sometimes...

Calgary housing market booming in August Records set for luxury home sales, median and average sale prices CALGARY ` Calgary`s red-hot housing market was sizzling in August as records were set for the most luxury home sales ever for the month, the highest median and average sale...

Despite a tight rental market, students at the U of C say housing was easy to find June`s flood may have dampened the rental market for some students heading to university and college this year in Calgary, but many have found a way around the tightening rental market. The city`s rental...

Alberta population on pace to top four million this year Alberta`s population is set to top four million this year, outpacing the provincial government`s earlier forecast. The rapid population growth brings benefits, such as workers for Alberta`s bustling economy, but the added people...

September Fixed Mortgage Rates To Remain Steep As Bond Yields Climb An autumn crispness may be creeping into the air but there`s no cooldown anticipated for bond yields, the main driver of fixed mortgage rates. The new highs hit during the month of August are anticipated to...

Why real estate doomsayers continue to be wrong Mandy Coz needs a lead. She isn`t the first sales rep from a nearby real estate brokerage to cold call my parents` home in the suburbs on behalf of a family that badly wants to become our neighbours. But she`s the most recent and she`s on the...

September Fixed Mortgage Rates To Remain Steep As Bond Yields Climb An autumn crispness may be creeping into the air but there`s no cooldown anticipated for bond yields, the main driver of fixed mortgage rates. The new highs hit during the month of August are anticipated to...

Bank of Canada holds rate, warning recovery is losing momentum OTTAWA ` Two months into the job, the new governor of the Bank of Canada now appears to be hedging his bets on when the long-promised, business-driven recovery will kick into gear. Stephen Poloz and his policy team are...

Population growth good for economy Alberta`s natural population growth continues to lead the country and the Red Deer region is just short of the provincial average. Natural population is the birth rate minus the death rate and does not include immigration. According to...

Canada, U.S. expected to see lower jobless rates PARIS ` Unemployment rates in Canada and the United States will fall significantly by the end of next year but the overall rate among some of the world`s advanced economies will remain high, the OECD forecasts in a report issued Tuesday...