A curated list of recent headlines relevant to real estate in Canada, with short excerpts. Click each headline link to read the full article on the source site.
"Real estate is expected to be in transition next year as companies look to find new sources of growth, with Calgary’s market emerging as a particular bright spot, according to a PwC Canada report."
[ Donald Trump’s 50-year mortgage plan is being panned. It also wouldn’t fly in Canada ]
"U.S. President Donald Trump’s proposal for a 50-year mortgage may sound enticing to many first-time homebuyers in America seeking an affordable way to enter the housing market. But many industry observers have panned the idea to extend the 30-year loan period that most in the U.S. sign up for. And it’s very unlikely such an idea would gain traction anytime soon in Canada, where amortization periods have been shortened over the last two decades."
"U.S. President Donald Trump’s proposal for a 50-year mortgage may sound enticing to many first-time homebuyers in America seeking an affordable way to enter the housing market. But many industry observers have panned the idea to extend the 30-year loan period that most in the U.S. sign up for. And it’s very unlikely such an idea would gain traction anytime soon in Canada, where amortization periods have been shortened over the last two decades."
[ Ontario weighs taking control of real estate regulator ]
"The Ontario government is considering taking control of the province's real estate regulator after an audit into its handling of what it describes as iPro Realty's "misappropriation" of funds. The minister of public and business service delivery says in a statement that the review of the Real Estate Council of Ontario identifies significant issues with the regulator's practices, processes and procedures."
"The Ontario government is considering taking control of the province's real estate regulator after an audit into its handling of what it describes as iPro Realty's "misappropriation" of funds. The minister of public and business service delivery says in a statement that the review of the Real Estate Council of Ontario identifies significant issues with the regulator's practices, processes and procedures."
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