Real Estate

The number of homes that changed hands in Calgary last month dropped 15.3 per cent compared with October 2025 as prices ticked lower overall.

The B.C. Real Estate Association is urging the incoming provincial government to consult industry experts before changing housing legislation after premier-designate Lorne Doerkson signalled he would scrap the previous government’s controversial housing targets for municipalities.

After the Bank of Canada announced its new policy rate of 2.5 per cent, it conceded that the increase could further weigh down a Canadian housing market that’s already expected to shrink by one per cent this year.

The Bank of Canada’s rate hike Wednesday is set to translate to higher borrowing costs for homebuyers, adding further pressure as the real estate sector also copes with rising prices for construction materials.

Companies controlled by billionaire B.C. property developer Terry Hui allege that the Canada Revenue Agency has engaged in a “pattern of misconduct” in its attempts to collect on ballooning tax debts dating as far back as 2007.

A new report says Ontario’s housing market is expected to improve “modestly” next year as favourable economic conditions help push buyers off the sidelines.

Bulk purchases by investment groups snapping up new condo units in the GTHA is playing a “major role in the recovery” of new condo sales in the region, according to a new report.

Housing prices in Canada climbed faster than those in most developed countries, more than doubling since 2005, according to a new report.

Homeowners may be tempted to take the mortgage rate offered in a renewal letter, but savvy borrowers see it as the start of a negotiation process that could lead to big savings.

Toronto developer Matt Young originally planned to sell condos in the first phase of a major housing development along St. Clair Avenue East in Scarborough.

The Canadian Real Estate Association has downgraded its forecast for home sales activity in 2026 for the third straight quarter.

Canada Mortgage and Housing Corp. says the annual pace of housing starts in September rose three per cent compared with August.

The Competition Bureau says it has reached a settlement with Quebec’s real estate industry association to loosen restrictions that violated the Competition Act.

Home sales in British Columbia dipped again in September, with the province’s real estate board saying interest rate hike speculation weighed on the market.

Montreal-area home sales were down 11.6 per cent year-over-year in September as the province’s real estate board says 3,082 properties changed hands.