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 first three months of the year.
Despite the gain, pr ...
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, Finance Minis ...
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 changed hands - or is to b ...
MONTREAL - Yet another deal involving the sale of a large multi-residential building:
Highly coveted by investors as a stable asset during a time of economic turmoil, multi-residential properties are in demand – when they're available.
This month, the Canadian Apartment Properties Real Estate Investment Trust (CAPREIT) announced it acquir ...
Canadian existing-home sales fell in July and the average price declined to its lowest in six months, the Canadian Real Estate Association said in a statement today.
Purchases dropped 0.1 percent to 37,492 units on a seasonally adjusted basis after climbing 2.6 percent in June, the association said. Compared with the s ...
TORONTO - Canada's real estate market will grow in the rest of the year as Canadians undeterred by recent turmoil in global stock markets will continue to be drawn in by low mortgage interest rates, economists say.
The economists made the comments as the Canadian Real Estate Association revised its forecast for na ...
A stronger than expected housing market has helped propel growth in the Canadian economy this year, but economists say recent economic and market tumult could jeopardize momentum in the sector.
The Canada Mortgage and Housing Corp. said Monday that national housing starts rose to 205,100 units on a seasonally adjusted basis in July, 11.6 per cent higher ...
MONTREAL – Condo sales, which now account for half the residential real estate transactions on Montreal Island, soared 23 per cent last month, compared with July 2010, Multiple Listing Service data show.
Median prices for condos on Montreal Island, which accounted for 77 per cent of all condos sold in Quebec last month, rose five per cent, to $232, ...
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