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Demand for luxury homes still strong in Canada, real estate company says

January 28th, 2014
 
 

Demand for luxury homes still strong in Canada, real estate company says

The luxury end of the Canadian housing market shows no signs of slowing down, at least according to one real estate company.

Re/Max surveyed 16 Canadian markets and found sales of what it calls “upper end homes” higher in 75% of those markets.

Vancouver, the priciest market in the country, saw an increase ...

Canada: Lien On Me: Purchasers As Secured Creditors

January 24th, 2014

Canada: Lien On Me: Purchasers As Secured Creditors

Pan Canadian Mortgage Group v. 679972 B.C. Ltd., 2013 BCSC 1078 (Pan Canadian), addresses the nature and priority of a purchaser's lien, which, in general terms, is a financial charge that results when a purchaser pays a deposit toward the purchase price under a contract of purchase and sale.

In Pan Canadian, a construction lender had ...

16 1485 Av. Bernard, Montreal, Quebec

January 22nd, 2014

I just sold this condo at 16 1485 Av. Bernard, Montreal, Quebec Outremont (Montréal) .

View this recently sold condo or see all my home sales

4451-4453 Rue Messier, Montreal, Quebec

January 22nd, 2014

I just sold this Triplex at 4451-4453 Rue Messier, Montreal, Quebec Le Plateau-Mont-Royal (Montréal) .

View this recently sold Triplex or see all my home sales

162 Av. Percival, Montreal, Quebec

January 22nd, 2014

I just sold this House at 162 Av. Percival, Montreal, Quebec Montréal-Ouest .

View this recently sold House or see all my home sales

BlackBerry to sell most Canadian real estate holdings

January 21st, 2014

BlackBerry to sell most Canadian real estate holdings

BlackBerry says it intends to sell the majority of its commercial real estate holdings in Canada, but will keep its headquarters in Waterloo, Ont.

Of the real estate holdings for sale, 78.3 per cent are located in Waterloo Region, according to a promotional pamphlet released by BlackBerry. 

The smartphone maker plans to use a combin ...

Montreal real estate agents: sales down in 2013, but looking hopeful for 2014 Read more: http://montreal.ctvnews.ca/montreal-real-estate-agents-sales-down-in-2013-but-looking-hopeful-for-2014-1

January 16th, 2014

Montreal real estate agents: sales down in 2013, but looking hopeful for 2014


In 2013, home sales in Montreal fell to their lowest level in nine years.

Gone are the days of the booming market that flourished in 2011 and 2012, said Bill Palmer, an NDG real estate agent.

“That was a serious sellers’ market,” he said. “No matter what price we would put on something it would go fo ...

Rebalancing of Montreal Area Real Estate Market in 2013

January 16th, 2014

Rebalancing of Montreal Area Real Estate Market in 2013

LE-DES-SOEURS, QUEBEC--(Marketwired - Jan. 16, 2014) - The Greater Montréal Real Estate Board (GMREB) has released its residential sales statistics for the Montréal Census Metropolitan Area (CMA), based on the real estate brokers' Centris® provincial database. In total, 36,522 residential sales were concluded in 2013, which re ...

Canada’s house prices still rising but sales stall for third straight month

January 15th, 2014

Canada’s house prices still rising but sales stall for third straight month

 

TORONTO — The latest real estate results look impressive for seven-figure homes but the story is not as dramatic once you factor out Canada’s two most expensive cities and look at three months of falling sales.

Prices across the country rose 10.4% in December from a year ago to an average of $389,119, acc ...

Former Dollard home of Ducarme Joseph sells for $700,000

January 15th, 2014

Former Dollard home of Ducarme Joseph sells for $700,000

The former West Island home of reputed street-gang leader Ducarme Joseph — first put up for sale at $1.6 million in 2010 — is changing hands for less than half that price.

HSBC Bank, which seized the house after Joseph failed to pay his $950,000 mortgage and property taxes, accepted an offer of $700,000 in December, The Gazett ...

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