Average asking rents fall 4.8% in August as trade war adds fresh uncertainty: report
The average asking price for a rental unit in August was $2,035, down 4.8 per cent compared with a year ago.
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The average asking price for a rental unit in August was $2,035, down 4.8 per cent compared with a year ago.
The cost of rent in Toronto continued a years-long decline last month but new data suggests that multi-bedroom units are getting more expensive.
The surge in global bond yields are increasing borrowing costs for households and companies, and household mortgages could be next.
Montreal-area home sales fell 13.1 per cent year-over-year in August as the province’s real estate board says the market is continuing to go through an 'adjustment period.'
As cottage prices continue to climb in other parts of Canada, buyers have expanded their search and many now want to own property in Nova Scotia.
Home sales in the Greater Toronto Area were down in August compared with a year ago as prices also continued to fall.
Home sales in the Vancouver region dropped 4.6 per cent last month compared with a year ago, continuing a lag since May that is expected to persist.
Home sales in Calgary fell 16.4 per cent in August compared with the same month last year as prices also fell overall.
A new report from RBC Economics says Canada’s housing market appears to be “finally taking steps” toward a recovery.
A B.C. Supreme Court justice has upheld an order requiring a landlord to pay his former tenants more than $41,000 and varied a separate order to require the tenants to pay him $112.
New home sales in the GTA continue to 'reap the benefits' of the HST rebate program, as a recent report points to a surge in July sales driven largely by demand for single-family homes.
A B.C. real estate agent has had his licence suspended for six months and agreed to pay more than $200,000 to a provincial regulator after admitting he improperly purchased a home that was designated for affordable housing.
Canada’s ban on most foreign homebuyers is set to expire Jan. 1, but economist Mike Moffatt says there is little evidence it made housing more affordable.
The Canadian Real Estate Association says home sales in July were down compared with a year ago, but edged slightly higher month-over-month.
Canada Mortgage and Housing Corp. says the annual pace of housing starts in July fell five per cent compared with June.
Here are five things to watch for in the Canadian business world in the coming week.