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Canadian Real Estate | Latest News and Updates

Real Estate in Canada

Toronto newcomers paying up to 12 months' rent up front to secure housing

  • Andrea Carranza and her husband vied for at least a dozen condo units when they first arrived in Toronto last summer. Every single landlord rejected their application. "It was really frustrating. They were really crappy places, but they still said no," said Carranza, who worked at IBM in Lima, Peru, for nine years before leaving the politically unstable country. For two months, Carranza and her husband slept on a couch in a small, one-bathroom apartment in downtown Toronto that they shared with

Videos — Real Estate

Canadian real estate market changes

Canada's real estate sector is slowing down, leading to reduced sales and prices expectations by the Canadian Real Estate Association. Average rent has is up by 7%, and the job market is challenging for students this summer. Business expert Robert Levy join us with further insight.
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Real estate news across Canada

  • BusinessCBC

    Edmonton housing prices are up and expected to keep rising with growing demand, realtors say

    Buying a home in Edmonton will cost slightly more than last year but the overall cost of housing is still well below the national average, according to a house price survey released by Royal LePage Thursday. The price of a home in Edmonton from April to June this year was $450,600 — a 3.7 per cent increase in aggregate cost from the same period last year.In Canada, it was $824,300 in the second quarter of 2024 — a 1.9 per cent increase from the same time last year. Aggregate price is averaged ov

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  • BusinessYahoo Finance Canada

    Canada real estate: Home prices continue to rise despite slumping sales, says Royal LePage

    Royal LePage said the national aggregate price of a home increased 1.9 per cent on an annual basis to $824,300 in the second quarter of 2024.

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  • BusinessBloomberg

    Chile Braces for a $552 Million Flood of Commercial Real Estate

    (Bloomberg) -- Investors in Chile are bracing for a rare flood of commercial buildings to hit the market as two of the nation’s largest real estate investment funds near liquidation.Most Read from BloombergSaudis Warned G-7 Over Russia Seizures With Debt Sale ThreatSaudi Prince’s Trillion-Dollar Makeover Faces Funding CutbacksModi’s Embrace of Putin Irks Biden Team Pushing Support for KyivArchegos’ Bill Hwang Convicted of Fraud, Market ManipulationStocks See Big Rotation as Yields Sink on Fed Be

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  • NewsCBC

    15% of Montreal tenants experienced bout of homelessness, survey shows

    About 15 per cent of all tenants in Montreal experienced homelessness at some point, a new Léger survey shows.Just last year, that number was about 10 per cent, according to a report by non-profit organization Vivre en Ville and the city.Léger exclusively polled tenants and excluded people currently experiencing homelessness."The figures were dramatic last year, but now we're seeing just how bad it's getting. And without these studies, well, we wouldn't be seeing it," said Adam Mongrain, housing

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  • BusinessBloomberg

    Distressed Property Buyers Seek Out ‘Exceptional Bargains’

    (Bloomberg) -- Distressed investors see one of the best opportunities in a generation to buy troubled US real estate assets as the commercial property crash continues to roil the market.Most Read from BloombergSaudis Warned G-7 Over Russia Seizures With Debt Sale ThreatArchegos’ Bill Hwang Convicted of Fraud, Market ManipulationBiden Aides to Meet Senators After Pelosi Remarks Deal BlowNATO Singles Out China Over Its Support for Russia in UkraineDistressed Property Buyers Seek Out ‘Exceptional B

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  • BusinessBloomberg

    Toronto Home Sales See First Gain Since January After Rate Cut

    (Bloomberg) -- Toronto home sales rose for the first time in five months after the Bank of Canada eased borrowing costs from a multidecade high.Most Read from BloombergBiden’s Fourth of July Shrouded by Pressure to Drop 2024 BidKamala Harris Is Having a Surprise Resurgence as Biden’s Campaign UnravelsHouse Democrats Consider Demanding Biden Withdraw From RaceNewsom Shocks California Politics by Scrapping Crime MeasureChina Can End Russia’s War in Ukraine With One Phone Call, Finland SaysThe numb

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  • NewsYahoo Finance Canada

    Canada's housing crisis has nearly 40% of immigrants considering moving: Poll

    "As more immigrants seek the Canadian dream from abroad, many who arrived in recent years have discovered less of a dream and more of a nightmare."

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  • NewsCBC

    Bylaw blocks B.C. family's bid to move older house onto property

    A young family in British Columbia's Comox Valley thought they found a creative solution to expand their home, but a recent city bylaw change has put a stop to their plans. Paul Myers and Jessica Evans live in a 1940s one-bedroom rancher house in Courtenay. When they welcomed their baby last year, it didn't take long for their home to start feeling cramped. "He's taking up a lot more space than he would seem to if you just look at him," Myers said, laughing. But when the couple looked at moving

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  • BusinessBloomberg

    China New Home Sales Struggle in Face of Lopsided Recovery

    (Bloomberg) -- Chinese developers are facing headwinds offloading new home inventory, despite a rebound in second-hand transactions in mega cities. Most Read from BloombergDemocrats Weigh Mid-July Vote to Formally Tap Biden as NomineePowerful Hurricane Beryl Aims at Jamaica After Grenada StrikeTrump Immunity Ruling Means Any Trial Before Election Unlikely‘Upflation’ Is the New Retail Trend Driving Up Prices for US ConsumersTrump Seeks to Toss NY Felony Conviction After Immunity WinIn Shenzhen, n

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  • BusinessBloomberg

    Manhattan Home Sales Unexpectedly Rise as Buyers Cave on Rate Cuts

    (Bloomberg) -- Manhattan home sales rose for the first time in two years as impatient buyers who had been waiting for interest rates to fall took the plunge.Most Read from BloombergDemocrats Weigh Mid-July Vote to Formally Tap Biden as NomineeTrump Immunity Ruling Means Any Trial Before Election UnlikelyBeryl Becomes Earliest Ever Category 5 Hurricane in Atlantic‘Upflation’ Is the Latest Retail Trend Driving Up Prices for US ConsumersTrump Seeks to Toss NY Felony Conviction After Immunity WinClo

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