Real Estate

Montreal-area home sales fell 13.1 per cent year-over-year in August as the province’s real estate board says the market is continuing to go through an 'adjustment period.'

As cottage prices continue to climb in other parts of Canada, buyers have expanded their search and many now want to own property in Nova Scotia.

Home sales in the Greater Toronto Area were down in August compared with a year ago as prices also continued to fall.

Home sales in the Vancouver region dropped 4.6 per cent last month compared with a year ago, continuing a lag since May that is expected to persist.

High-income earners, many of them employees at AI companies, are snapping up multimillion-dollar houses in the San Francisco Bay Area, undaunted by the higher mortgage rates and rising home prices that have prevented many would-be buyers from affording a home.

Home sales in Calgary fell 16.4 per cent in August compared with the same month last year as prices also fell overall.

A new report from RBC Economics says Canada’s housing market appears to be “finally taking steps” toward a recovery.

A B.C. real estate agent has had his licence suspended for six months and agreed to pay more than $200,000 to a provincial regulator after admitting he improperly purchased a home that was designated for affordable housing.

Canada’s ban on most foreign homebuyers is set to expire Jan. 1, but economist Mike Moffatt says there is little evidence it made housing more affordable.

As the last wave of mortgage renewals from the era of ultra-low interest rates comes, a new survey suggests most homeowners have been managing higher payments.

The Canadian Real Estate Association says home sales in July were down compared with a year ago, but edged slightly higher month-over-month.

Canada Mortgage and Housing Corp. says the annual pace of housing starts in July fell five per cent compared with June.

Here are five things to watch for in the Canadian business world in the coming week.

Ontario and Ottawa are announcing up to $1 billion to help municipalities in the province build infrastructure for more homes.

Personal finance contributor Christopher Liew breaks down the closing costs first-time buyers underestimate most, and how to budget for them so moving day doesn’t start with a financial scramble.