Jamie Dimon , Photographer: Jason Alden/Bloomberg (Bloomberg) -- Jamie Dimon said problems in commercial real estate will be contained to “pockets” of the sector as long as the US avoids a recession. Many property owners can handle the current level of stress, the JPMorgan Chase & Co. chief e

Canada’s primary rental market faced significant challenges in 2023, as robust rental demand continued to outstrip the available supply. This has led to diminished affordability and a historic low in vacancy rates, as the latest Rental Market Report (RMR) by Canada Mortgage and Housing Cor

CREA says home sales in January up 3.7% from previous month Houses in East Vancouver near the Pacific National Exhibition fairgrounds on Feb. 12, 2024. The Canadian Real Estate Association says January home sales jumped 22 per cent compared with a year ago, the largest year-over-year gain since M

The 2024 buying season kicked off early this year, as hopeful homeowners all across Canada looked to take advantage of an opportunistic environment for the first time since the early pandemic. With Bank of Canada interest rates holding for the fourth consecutive time, and the anticipation

Despite a 26% drop in its office property values, Sun Life plans to buy in the US property sector   Sun Life Financial is looking at long-term investment opportunities in the distressed US commercial property sector, despite a significant decrease in the value of its own office properties in

Minister of Housing, Infrastructure and Communities Sean Fraser speaks at a news conference in Ottawa on Tuesday, Feb. 13, 2024. THE CANADIAN PRESS/ Patrick Doyle As the Canadian housing market braces for possible interest rate cuts this year, Housing Minister Sean Fraser says the mission remains

The Calgary Real Estate Board (CREB) reports a notable uptick in Calgary’s January home sales, which reached 1,650 units and marked a significant increase compared to both last year’s figures and long-term trends. This surge was driven by limited supply and strong demand, which continue

The Calgary Real Estate Board says a plan to rezone the entire city to change what types of housing can be built in communities could cause serious problems and may not address the issues at hand. (File)   A Calgary organization that represents thousands of realtors says a proposed city plan to reo

The law that forbids non-residents from acquiring homes in most areas has affected the luxury end of urban markets, experts say Canada’s government has extended through the end of 2026 a controversial ban on foreign home buyers that took effect last January after years of debate.  “For years, fore

To rent or to buy a home in Canada, that is the question a new report aims to answer. A real estate website analyzed 26 markets across the country to find out whether it is generally cheaper to rent or own a home(opens in a new tab) in those areas, based on set criteria. "In this climate of rising

Predicted rate cuts could boost real estate market, says RBC Economics.   If interest rates fall as expected, the real estate market should heat up, says RBC Economics. PHOTO BY AZIN GHAFFARI /Postmedia   Canada’s housing market will be “a tale of two halves” in 2024, a new report from RBC Economics

Buyers in Canada are starting to venture back into the housing market, seeking to get ahead of any possible shopping frenzy spurred by expected rate cuts from the Bank of Canada. An unusual sales rally in December has stoked speculation that the Canadian housing market may start to heat up even mo

Home sales in first month of 2024 grew 37.7% year over year Listings in Calgary's west and northwest regions saw the largest year-over-year home price increases, jumping by 10.5 per cent and 11.6 per cent, respectively. (Dave Gilson/CBC) Calgary's housing market saw 1,650 homes sold in January — a

In a housing market dominated by high interest rates and slowing sales, home prices remained stubbornly elevated across the majority of Canada as the curtain fell on 2023. The most recent data released by the Canadian Real Estate Association (CREA) revealed that, between December 2022 and December 2

Original lawsuit involves brokerages in Greater Toronto Area   Central to a new lawsuit brought against the real estate industry is a regulation compelling home sellers using the Multiple Listing Service to offer a commission to the buyer's real estate brokerage. PHOTO BY JIM WELLS/POSTMEDIA   The s

LisaBourgeault/Shutterstock | LaiQuocAnh/Shutterstock   With a number of factors contributing to record-low supply in both Calgary and Edmonton’s housing markets, prices skyrocketed last year as demand continued to soar.   That, however, was not new. According to a recent analysis by online housing

A leaflet mailed out to Calgary residents is shown on Wednesday, Jan. 31, 2024. (Lauryn Heintz, CityNews image)   For at least the next 10 days, public information sessions will be held to better educate Calgarians on what new residential zoning could look like around the city. It’s a massive

On Monday, the Government of Canada announced that it has reached an agreement with the City of Richmond that will see the city receive $35.9M through the federal government's Housing Accelerator Fund. The funding is expected to fast track over 1,000 units of new housing over the next three years

Canada’s first-time homebuyers – and would-be homebuyers – know that entering the Canadian real estate market isn’t exactly what it was for previous generations. Between sky-high interest rates, mortgage stress tests, and home prices (especially in major cities), times are tough for borrowers and

The world of real estate is no stranger to innovation and disruption. From online listings to virtual tours, technology has significantly transformed the way properties are bought and sold. One of the latest developments in this realm is the integration of Bitcoin, a digital currency, into real est