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U.S. homes eke out price increase

August 30th, 2011

U.S. homes eke out price increase

A sudden rush of spring buyers in June pushed U.S. home prices modestly higher, a closely watched index of the sector showed Tuesday.

The S&P /Case-Shiller index showed the average sale price of a U.S home increased by 3.6 per cent during the second quarter. That's a reversal from a 4.1 per cent loss in the f ...

CMHC results show changing housing market

August 30th, 2011

CMHC results show changing housing market


New mortgage rules implemented this past spring have stemmed the flow of new buyers and put a chill on refinancing activity, the agency that insures Canada's housing market says.

The Canada Mortgage and Housing Corporation issued its second quarter results on Monday, and the numbers paint a picture of a housing market in flux.

In March, ...

For sale: two city buildings in prime spots

August 19th, 2011

For sale: two city buildings in prime spots

The real-estate arm of the city of Montreal is poised to sell two buildings in prime downtown locations that have been sitting half-empty for years, The Gazette has learned.

The two buildings, located near the Bell Centre, are among hundreds of thousands of square feet of downtown Montreal real estate that has recently change ...

Laval’s Domaine Bellerive is latest Quebec megadeal

August 18th, 2011
Laval’s Domaine Bellerive is latest Quebec megadeal