Real Estate

QUEBEC — Cominar Real Estate Investment Trust has signed an agreement to be acquired by a consortium led by Quebec real estate firm Canderel Real Estate Property Inc. in a deal with an enterprise value of $5.7 billion.Under the deal,…

OTTAWA – The Bank of Canada is warning inflation will stay higher for longer than it previously forecast and signalled that an interest rate hike may be coming sooner than expected.The central bank said Wednesday it now forecasts…

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…

The Financial Accountability Office of Ontario (FAO) released a report that examines how home energy spending differs across household income levels and regions in Ontario. According to the report,  the average Ontario household spent…

Buying a home in Nova Scotia may soon be more expensive for people from outside the province.Premier Tim Houston has instructed Finance Minister Allan MacMaster to implement a deed transfer tax on any property purchased by individuals…

LANGFORD, B.C. — The Victoria-area city of Langford is offering a helping hand to those who have a dream of owning their own home by providing a five per cent down payment on their purchase.Langford is facing a housing affordability…

OTTAWA – The cost to put food on the table and gasoline in the car pushed up the cost of living in September, lifting the annual pace of price increases to a near two-decade high with no clear end in sight to the elevated readings.…