Yearly Archives: 2012

Canadian resale housing activity stable in October

According to statistics released today by The Canadian Real Estate Association (CREA), national home sales activity and average price were little changed in October 2012. Highlights: Home sales little changed (-0.1%) from September to October. Actual (not seasonally adjusted) activity down 0.8% from October 2011. Number of newly listed homes down 3.8% from September to […]

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Markham condo buyers sue developer over last-minute charges

A group of Markham condo buyers has filed a class-action lawsuit against a developer for allegedly piling on thousands of dollars in what they call unfair and last-minute charges. A statement of claim was filed against The Remington Group — the key financial backer and developer named in Markham’s ambitious NHL-size arena plan — and […]

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Are we worrying ourselves into a housing crash?

Maybe this is telling us you shouldn’t buy the biggest house Just sit back and do nothing. It doesn’t sound like the most proactive advice when it comes to the housing market, but it might just be what everybody needs to hear. Panic is the worst thing that could happen because when that mentality sets […]

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Three new downtown condo project

 Three major new condo developments will launch over the next two weeks — including the tallest buildings to hit Toronto’s waterfront — as developers brace for the ultimate test of the state of the condo market. The projects will be far more than just glass-and-steel towers. They will be giant thermometers providing a quick reading […]

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Canadian home sales remain at lower levels in September

Ottawa, ON, October 15, 2012 – According to statistics released today by The Canadian Real Estate Association (CREA), national resale housing activity rebounded slightly in September 2012, marking the first monthly increase since the spring. Highlights: Home sales up 2.5% from August to September. Actual (not seasonally adjusted) activity down 15.1% from September 2011. Number […]

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