Canada

VANCOUVER — The Real Estate Board of Greater Vancouver says the typically slow conditions it sees in November were even more sluggish last month as home sales dropped 53 per cent from a year ago and 15 per cent from October.The B.C.…

TORONTO — A new report from Royal LePage shows 75 per cent of U.S. citizens living in border towns and owning recreational properties in Canada made their purchase after the federal government announced its forthcoming foreign buyer ban.…

TORONTO — A new report predicts average home sale prices in Canada will fall 3.3 per cent next year with the biggest declines expected in Ontario and Western Canada where some markets may see prices fall 10 to 15 per cent.The report by…

OTTAWA – The full effects of interest rate hikes have yet to be felt – and will be ``even more powerful'' than many anticipate, said former Bank of Canada governor Stephen Poloz Thursday in a speech about ways Canada can chart a path…

OTTAWA – Governments looking to provide inflation relief to Canadians should choose measures that are well targeted and temporary, says Bank of Canada governor Tiff Macklem.At a House of Commons committee meeting Wednesday, Conservative…

VICTORIA – The British Columbia government has introduced sweeping changes to boost the housing supply, and while local governments say they want to do their part, they're concerned about effects the laws will have on their communities.…

TORONTO – Mortgage lender Home Capital Group Inc. has agreed to be bought by Smith Financial Corp. in a deal that values the company at $1.7 billion as the sector feels the strain from rising interest rates and economic uncertainty.…

VANCOUVER – The Real Estate Board of Greater Vancouver says home sales continued to plunge in October, falling 45.5 per cent from the year before even as they increased 12.8 per cent from September.Last month sales totalled 1,903…

The  Canadian architecture and design industry lost a titan  with the passing of Abel Joseph "Jack" Diamond on Sunday afternoon, October 30, one week shy of his 90th birthday.Donald Schmitt, principal and co-founder of Diamond…

OTTAWA – The Bank of Canada signalled it is drawing closer to the end of what's been one of the fastest rate hike cycles in its history Wednesday as it raised its key interest rate by a half-percentage point – but made it clear that…