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Canadian Real Estate | Latest News and Updates
The latest real estate news for housing prices, mortgage rates, markets, luxury properties and more at Yahoo Finance Canada
Real Estate in Canada
Mind the generation gap in Calgary's debate over zoning and townhouses
- It was gearing up to be a battle for the ages: Calgary's big rezoning debate over permitting fourplexes in any and all neighbourhoods in the city, with hundreds of speakers expressing opinions across more than a week of hearings at city hall.It has often appeared as a battle of the ages. It's hard not to notice the generation gap between the Calgarians fighting for the change, and those fighting against it.One didn't even need to step inside city hall chambers or flip on the hearing's livestream
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Fraser says public lands fund will take pressure of existing housing market
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Real estate news across Canada
- BusinessBloomberg
European Real Estate Deals Slump to Lowest Level in 13 Years
(Bloomberg) -- The deep freeze that’s gripped Europe’s real estate markets since borrowing costs jumped worsened at the start of the year as deals plunged to their lowest levels since 2011. Most Read from BloombergUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsZuckerberg Asks for Patience as Meta’s AI Push Spooks MarketHow to Get a M
- BusinessCBC
Selling federal office buildings should move twice as fast, says procurement official
The man in charge of tens of millions of square feet of federal office space is aiming to double the government's lumbering pace for offloading buildings.Mark Quinlan, assistant deputy minister of real property services at Public Services and Procurement Canada (PSPC), said the department has put into place a "special group" to speed up property disposals. "Historically, the government is not very good at disposing of surplus properties," he told a city building summit organized by the Ottawa Bo
- BusinessBloomberg
New US Home Sales Jump to Highest Level Since September
(Bloomberg) -- Sales of new homes in the US bounced back broadly in March as an abundance of inventory helped drive prices lower.Most Read from BloombergTaylor Swift Is Proof That How We Critique Music Is BrokenTesla Stock in ‘No Man’s Land’ After 43% Rout Ahead of EarningsTech Giants Roar as Tesla Spikes in Late Hours: Markets WrapRay Dalio’s Famous Trade Is Sputtering, Investors BailingBillionaire Pinaults Fight to Pull Gucci Off the Discount RackNew single-family home sales increased 8.8% to
- BusinessBloomberg
Germany Probes ‘Spotless’ Bank Bonds Over Real Estate Values
(Bloomberg) -- Germany’s financial regulator BaFin is taking a closer look at the real estate used by lenders to secure covered bonds known as Pfandbriefe, a €400 billion market traditionally considered among the safest in credit.Most Read from BloombergTesla Stock in ‘No Man’s Land’ After 43% Rout Ahead of EarningsRay Dalio’s Famous Trade Is Sputtering, Investors BailingBillionaire Pinaults Fight to Pull Gucci Off the Discount Rack‘Mag Seven’ Roar as Tesla Jumps in Late Hours: Markets WrapTaylo
- NewsCBC
City targets Toronto's 'bad faith' landlords with more inspections
Toronto city council has approved a beefed up apartment inspection and enforcement program designed to improve safety and provide readily accessible online updates on building conditions across the city.Councillors approved the new standards for RentSafeTO at a meeting late last week. The program, which began in 2017, is a bylaw enforcement system designed to ensure owners and operators of over 3,600 apartment buildings are meeting maintenance standards. The new rules include targeted engagement
- BusinessBloomberg
Norway’s $1.6 Trillion Fund Turns Developer on Trophy UK Properties
(Bloomberg) -- Norway’s $1.6 trillion sovereign wealth fund kicked off a glitzy property-buying spree in London more than a decade ago. Now it’s trying to figure out ways to keep the shine on some of those increasingly tired trophy buildings.Most Read from BloombergTrump Has Only $6.8 Million for Legal Fees With Trial UnderwayTikTok to Remove Executive Tasked With Fending Off US ClaimsChina Is Front and Center of Gold’s Record-Breaking RallyTesla Spends Weekend Cutting Prices of Cars and FSD Sof
- BusinessBloomberg
UK’s Wealthy Boost Property Asking Prices by Most in 12 Months
(Bloomberg) -- Asking prices for UK homes rose at the highest annual pace in 12 months, driven by more top-of-the-ladder houses coming to market, according to the online sales portal Rightmove.Most Read from BloombergTrump Has Only $6.8 Million for Legal Fees With Trial UnderwayTikTok to Remove Executive Tasked With Fending Off US ClaimsChina Is Front and Center of Gold’s Record-Breaking RallyTesla Spends Weekend Cutting Prices of Cars and FSD SoftwareThe Fed’s Forecasting Method Looks Increasin
- NewsThe Canadian Press
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
HONOLULU (AP) — Amy Chadwick spent years scrimping and saving as a single mother of two to buy a house in the town of Lahaina on the Hawaiian island of Maui. But after a devastating fire leveled Lahaina in August and reduced Chadwick's home to white dust, the cheapest rental she and her now-husband could find for their family and dogs cost $10,000 a month. Chadwick, a fine-dining server, moved to Florida where she could stretch her homeowners insurance dollars. She’s worried Maui’s exorbitant re
- NewsThe Canadian Press
Finding an apartment may be easier for California pet owners under new legislation
SACRAMENTO, Calif. (AP) — California pet owners struggling to find a rental that accepts their furry, four-legged family members could have an easier time leasing new housing under proposed state legislation that would ban blanket no-pets policies and prohibit landlords from charging additional fees for common companions like cats and dogs. Backers of the bill, which recently cleared a key committee, say the lack of pet-friendly units is pushing renters to forgo housing or relinquish beloved pet
- NewsCBC
Thousands of housing units, tramway in Montreal's new Hippodrome plan
The City of Montreal is planning to build a carbon-neutral district of 20,000 housing units on the site of the former Montreal Hippodrome and land east of the Namur Metro station.Sandwiched between a railway yard, highway and industrial buildings in northwestern Montreal, the huge swath of land used to house the former Blue Bonnets track, where horses raced for over a century. In 2017, the city acquired the land on the Hippodrome side of the Décarie Expressway from Quebec.Montreal Mayor Valérie
