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Real Estate News

First-Time Buyers Are Bringing On Bidding Wars And Closing In On $1M Listings

Toronto agents say first-time buyers are flooding into open houses and dominating offer nights, which is something they haven’t seen happen since the Bank of Canada began to turn up the heat on interest rates.

Real Estate News

The Last "Uneventful Month"? Canada's Home Price Decline Comes To A Halt In February

“It’s looking like February may end up being the last relatively uneventful month of the year as far as the 2024 housing story goes,” said Shaun Cathcart, CREA’s Senior Economist.

The Kinsman Report

Insider: Rate Cuts A Must For Housing Supply (And They Can’t Come Soon Enough)

The data shows it is completely plausible — and possible — to serve tens of thousands of new housing units into the market in the coming months, just by lowering rates.

Real Estate News

Fake Invoices And Dim Sum Meeting At Centre Of Development "Gone Terribly Wrong"

The two sides of a recent lawsuit were involved in one real estate development in Prince George and one in Abbotsford.

Construction

Canadian Housing Starts Surge 14% In February As Builders Play “Catch Up”

However, Right at Home Realty President John Lusink urges Canadians to keep expectations at bay: “We are just so far short of being able to satisfy real demand.”