Things are about to get worse for Canadian real estate, according to a credit rating giant. Fitch Ratings dropped its latest analysis to clients on risk in the mortgage bond market. The agency’s analysis shows high flying global real estate prices are likely to correct, with Canada expected to experience…
Tag: real estate newspaper articles
No new contracts filed by a real estate company in Massachusetts as lawsuit looms
A 25 month-long Investigates probe into a real estate company accused of tricking people into signing contracts is getting results. We first told you about MV Realty and its business practices in November. 25 Investigates: Real estate company offers homeowners cash in exchange for a 40-year lien Now, state and…
‘Not the time to panic,’ said the realtor, as GTA pre-construction buyers worried about closing the deal
As Toronto’s real estate market continues to struggle amid the Bank of Canada’s aggressive campaign to hike interest rates, some agents say that they are increasingly hearing from buyers of pre-construction condos who are worried about closing the deal. Realtor Jordan Scrinko, of precondo.ca, a website portal for pre-construction projects…
Quebec real estate sales down and listings up
Real estate brokers in Quebec are expecting “For Sale” signs to increase on lawns across the province after this week’s key interest rate hike. The increase to 5 per cent is the 10th increase since March 2022, and it is now the highest it’s been since 2001. …
Survey says real estate prices are rising again in the Waterloo Region
Descrease article font size Increase article font size Waterloo Region real estate prices are down on a year-over-year basis but up on a quarterly basis, according to the Royal LePage House Price Survey. The average cost of buying a home in the area was around $799,000, the report noted. On…
Buying Property For Airbnb – How to Get Started
It’s undeniable that Airbnb properties have the potential to generate huge rental returns, but unfortunately, this potential alone will not boost your bank balance. As I’m sure you’ve already gathered, with successful short-term letting businesses, location is everything! Now, although Airbnb is famous for having rental properties in pretty much…
Private real estate investor Hazelview sees a surge in requests to cash out of a $1.2-billion Four Quadrant fund
Open this photo in gallery: Toronto’s Financial District on Dec 2, 2022.Fred Lum/the Globe and Mail Hazelview Investments, a private money manager who specializes in commercial real estate, is experiencing a surge of investor requests to cash out of its Four Quadrant fund – a common problem for private investment…
Great Canadian Housing Bailout: How high prices are being propped up
Breadcrumb Trail Links NP Comments News Canada A latticework of government demand-side policies are seemingly tailor-made to hold the line on unaffordably high housing prices Published June 11, 2023 • Last updated 2 days ago • 6 minute read Real estate signs in Calgary. Photo by AZIN GHAFFARI/POSTMEDIA Article content…
Rising Mortgage Approvals a Sign of Positive Market Growth
According to the most recent data released by the Bank of England, the number of mortgage approvals rose for the first time in six months between January and February of this year. This period saw a rise from 39,647 to 43,563, following a sustained decline in the latter half of…
These European castles may cost less than a Montreal home
Breadcrumb Trail Links Real Estate Local News Any real-estate listing that includes “plus a small ruin to restore” has our attention. Published May 22, 2023 • Last updated 3 days ago • 3 minute read We’d consider buying Clashmore House — a castle in the Scottish Highlands — based on…