homebuyers

OTTAWA — New research shows house prices in Canada's suburbs grew faster than in downtown areas during the pandemic as remote work spurred a preference for bigger homes. The Bank of Canada said in a study Monday that the closure of many…

CALGARY — The Calgary Real Estate Board says sales activity in the western city trended down for the second month in a row in May. Sales activity in the Calgary real estate market hit an all-time record high in March of this year but has…

CALGARY — As Ontario's sizzling real estate market puts home ownership out of reach for many Canadians, a growing number of prospective buyers are looking west in hopes of achieving their white-picket-fence dreams. Like newlyweds Vineet…

CALGARY — The Calgary Real Estate Board says last month set a new record for sales activity as 4,107 homes changed hands. The Alberta board says those sales amounted to a 41 per cent increase from the 2,903 homes sold last March and made…

VICTORIA – Homebuyers in British Columbia will soon be protected by provincial regulations that include a cooling-off period that allows time to back out of a real estate agreement, the provincial finance minister says. The Property Law…

The Calgary Real Estate Board says the market set a February sales record as the number of homes changing hands surged by 80 per cent since last year and new listings climbed by 63 per cent in the same period. The Albertan board says the…

VICTORIA — British Columbia's government says it will introduce legislation in the spring aimed at giving homebuyers a chance to change their mind on the purchase of a home. The so-called cooling-off period would allow purchasers to back…

A new report shows parents are giving increasingly large financial gifts so their kids can afford down payments in Canada's hot housing market. The report by CIBC deputy chief economist Benjamin Tal found the average gift for first time…

CALGARY — Kim and Dave Bailey knew they wanted to build their new home on a lot that would accommodate a three-car garage. But finding the right location meant repeatedly taking time out of their day to visit sales offices, only to…

Vandyk Properties (Vandyk), has announced PCL Construction as the official construction manager of record for the master-planned, community of Grand Central Mimico in Etobicoke. According to Vandyk, Grand Central Mimico marks the…