Housing market

Steady gains in housing market Fallback Image Decorative pattern

Economic Indicators

Steady gains in housing market

Growing homebuyer demand and increased new-home construction suggests that Canada’s housing industry is headed toward a soft landing instead of a sharp correction, says Bloomberg News. The average home selling price in May 2013 is up 5.4% to $542,174 from May of last year, reports the Toronto Real Estate Board. Meanwhile, Statistics Canada says cities […]

June 6, 2013

1 min read

Investors eye property in Spain Fallback Image Decorative pattern

Economic Indicators

Investors eye property in Spain

Sareb, a Spanish “bad bank,” is attempting to woo international investors by selling distressed homes in the Andalucia and Valencia areas, reports ft.com. And it may be working — the news has attracted interest from private equity buyers. The deal is expected to raise €200m for Sareb, says ft.com, and could be the start of […]

June 3, 2013

1 min read

Canadians unprepared for severe weather Fallback Image Decorative pattern

Industry

Canadians unprepared for severe weather

Canadians are not aware of what their home insurance policies cover

By Staff |May 31, 2013

2 min read

Condo demand mixed in big cities: BMO Fallback Image Decorative pattern

Industry

Condo demand mixed in big cities: BMO

Plans to buy a condo in the next five years among homeowners in Toronto and Calgary are on the rise, while buyers in Montreal and Vancouver are reconsidering the prospects of high-rise living, according to a BMO Bank of Montreal report.

By Staff |May 31, 2013

2 min read