Experts Suggest Canada’s Real Estate Bubble Deflating
Photo: Flickr / Nicci RomanovskyIs the property-buying frenzy finally running out of steam?
Experts argue that this is indeed the case. For one, sales are down in a large
section of a variety of desirable housing markets. In Greater Vancouver, for...
Lack of Action in Tracking Foreign Investment Impact
Photo: Flickr / Tax Credits As home prices in Ontario continue to rise steadily into
what appears to be oblivion, many financial and real estate experts are
expressing concern about the lack of available data regarding the impact of
Relieving Pressure from Central Bank
Photo: Flickr/ Steven LilleyFor the past few years, the Bank of Canada
has had a tough time trying to get the Canadian economy back on track. Along
with its mandate to keep inflation low, it has to also balance consumer debt
levels with spending,...
Toronto, Vancouver Site of Top Commercial Investment
Photo: Flickr/ reynermediaAccording to a report penned by the investment
review company Avison Young, Toronto and Vancouver rank amongst the best cities
for commercial real estate investment in Canada. The investment house suggests
that despite po...
Property Investments: What to Do if the Bubble Bursts
Photo: Flickr/Mark MozNo matter who one talks to – economists,
business experts, real estate industry insiders, and even the occasional politician
– many argue that Canada is currently within a property market bubble. The data
certainly points to...
Feds Exploring Ways to Close Tax Loopholes
Photo: Flickr/ Ian
MuttooIn light of heavy financial activity in the
real estate market, the Canada Revenue Agency is looking for methods to reduce
the amount of potential tax evasion and fraud opportunities currently present
within the industry....
Foreign Investors Drop Vancouver for New Property Markets
Photo: Flickr/Magnus LarssonIs the Vancouver property boom finally
over? According to a widely-used, international real estate monitoring website,
more and more foreign buyers are starting to look elsewhere, turning to cities
such as Toronto and S...
Canadian Economy Held Up Solely by Housing Market
Photo: Flickr/ 401(K) 2012With many nations in Europe showing meagre
economic growth numbers within the last few years, Canada has unfortunately followed
that trend. What is more troubling, however, is the view by some economic
experts that Canada...
Excessive Property Prices Worry Analysts
Photo: Flickr/Dan MoyleAs prices continue to creep upward, more
and more financial institutions such as bankers and investment houses are
beginning to express their concern about the state of the real estate market.
According to a report by the Ro...
Foreign Buyers to Face 15% Tax on B.C. Home Purchases
Photo: Flickr/ cliff hellisWith what appears to have taken ages to
accomplish, the provincial government of British Columbia has finally announced
that it would be going forward with a plan to tax foreign purchases on local
home sales. Critics hav...