Understanding Real Estate fraud

A home is the largest purchase most Canadians will make in their lifetime. In many cases, it takes years of saving to build a down-payment for the home and many years more to pay off the mortgage. Because of the high value attached to homes, they are also a key target for [...]

Canadians are ignoring potential fire hazards at home

Have you created a spring cleaning “to do” list this year to improve the comfort and safety of your home? Which items are the top of your list? And how does your own list compare to that of most other Canadians?
A new Ipsos Reid poll conducted on [...]

National resale activity edges down

According to statistics released by The Canadian Real Estate Association, the number of homes sold through the Multiple Listing Service® (MLS®) Systems of Canadian real estate Boards declined in January 2010 from the previous month.
Seasonally adjusted national home sales dropped 2.8 per cent from near record levels reported in December. [...]

Canadian family's household debt rose to $96,000 last year

The average Canadian family’s household debt rose to $96,000 last year, a new study says. Debt-to-income levels rose to 145 per cent – the highest level ever recorded in the study, which has run annually for 11 years.
The Vanier Institute of the Family study found a dramatic [...]

Federal Competition Bureau to investigate MLS

The federal Competition Bureau says it will challenge the restrictive rules that govern the multiple listing service (MLS) system used by most Canadian home sellers to list their properties. The MLS system, run by the Canadian Real Estate Association, includes information that is only available to CREA members, and its [...]

Top Tips For Selling Your House

To prepare your property for listing, take a look at your home with the eyes of a potential buyer. What’s your first impression? What needs to be cleaned, painted, repaired, or tossed out to make your house as attractive as possible? A small investment in repairs, decoration, and [...]

New research using data collected by the Canadian Association of Accredited Mortgage Professionals (CAAMP) from its corporate members strongly suggests that Canadian mortgage lenders and borrowers, including first time home buyers, are being extremely prudent with their borrowing and lending.
Last month, CAAMP surveyed members who issued more than 40,000 mortgage loans totalling $10 billion, [...]

The majority of homeowners (72 per cent) in Atlantic Canada are planning renovations in the next two years according to a new survey. The poll also found that homeowners in Atlantic Canada are more likely to plan home improvements in the next year (59 per cent) – higher than in any other region of the [...]

National resale housing market sales activity remained up from year-ago levels in August 2009 for the third consecutive month, posting the largest year-over-year gain in more than two years.
According to statistics released by The Canadian Real Estate Association (CREA), a total of 42,483 homes traded hands via the Multiple Listing Service® (MLS®) Systems of [...]

Many people dream of living in a vast city such as Toronto or Vancouver when they think of Canada, however a growing number of people want to shed city life and become part of Canada’s growing rural community.
Canada has a lot to offer when it comes to rural living: mountains, lakes, forests and even [...]