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The Canadian Real Estate Association now says 2010 will be a record year for home sales.
The
Ottawa-based group, which represents about 100 boards
OTTAWA -- Housing starts rose 5.9% in to a seasonally adjusted rate of 174,500 units from an upwardly revised 164,800 units in November, Canada Mortgage and Housing Corp. said Monday.The number of starts in December beat expectations of analy
TORONTO -- Although more than three-quarters of Canadians still believe we are in recession, more than half believe 2010 will be the year the economy turns around, a huge increase compared to 2009, an Economic Club of Canada/Pollara Strategic Researc
The Canadian currency gained, approaching the strongest level against the U.S. dollar since October, as a rally in crude oil spurred demand for assets that historically benefit when the global economy expands.Canada's dollar advanced against
Oil and energy stocks up, while forecast looks ever brighter in U.S.The Toronto Stock Exchange eked out a small gain in a slow day of trading Wednesday, as oil prices gave energy stocks a slight boost.On the second-last day of trading
OTTAWA -- Resale prices for Canadian homes rose for a sixth consecutive month in October -- and were up on an annual basis for the first time in nearly a year -- as the country's real estate market continued to recover from recessionary lows, accordi
OTTAWA - Most Canadians say they were at least somewhat affected by the recession in 2009, but an overwhelming majority are optimistic about the economy heading into the new year, shows a new poll.Sixty-five per cent of Canadians said the eco
The
rebound in the housing sector has been a critical element of Canada\'s
recovery from recession but economists expect it start having an even
bigger impact next spring as buil
OTTAWA -- Canada's annual rate of inflation rose for a second straight month in November, led by higher gasoline prices.Statistics Canada said Thursday its consumer price index rose to 1% during the month, more than expected and the fastest r
OTTAWA -- A key measure of Canada's economic performance jumped twice as much as expected in November, led by demand for housing and manufactured goods.
Statistics Canada said Tuesday its index of leading indicators was up 1
British Colombians' bottled-up thirst for real estate boiled over into triple-digit gains in house sales last month.House sales across the province last month soared 165.3 per cent from the low levels of November 2008, the B.C. Real Estate As
Greater Vancouver’s housing prices are going through the roof.The market shook off a dismal first quarter of 2009, when horror stories of the U.S. subprime mortgage fiasco were still rife, to end the year at an average estimated at $600,000
New home building rises to 158,500 units in November, led by construction of single homes
Housing starts hit their highest level this year in November, more
proof that Canada’s real estate market has clawed out of recession.
Toronto Real Estate Board said it had its best November on record.
TORONTO - November housing sales across the country are set to reach new highs based on fresh data from the country's two most expensive markets.
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Canada’s recovery remains fragile, although there are reasons to be optimistic in 2010, Finance Minister Jim Flaherty said on Wednesday.
WINNIPEG -- Canada's recovery remains fragile, although there are reasons to be optim
The Canadian economy grew at an anualized rate of 0.4% during the third quarter, enough to end the recession, yet far short of the 1% growth that had been expected by economists
OTTAWA -- Canada's economic recession officially ended in
It's getting harder to buy a home in B.C. as an increasingly hot real estate market pushes prices higher, according to an RBC report on housing affordability released Wednesday.
"We're talking about a very expensive market i
Canadian home resale prices rose for a fifth straight month in September on gains in five of six major metropolitan markets surveyed, according to a report on Wednesday.
OTTAWA - Canadian home resale prices continued the
B.C. led Canada in new monthly records for residential sales in October, according to a report released Monday by the Canadian Real Estate Association.
"Of all the provincial monthly gains, B.C.'s was the highest," CREA chie
The average annual MLS house price in B.C. is expected to post a new record this year, rising two per cent to $463,200, the B.C. Real Estate Association said. The average price should climb another four per cent to $482,000 in 2010, the associatio
Home sales hit a new record high in October, leading the Canadian Real Estate Association to boost its outlook for 2009 and 2010.
OTTAWA -- Home sales hit a new record high in October, leading the Canadian Rea
New home prices rose more than expected in September as Canada's real estate market showed further signs of recovery.
OTTAWA -- New home prices rose more than expected in September as Canada's real estate market showed more
Loonie gains more than half a cent to 95.80 cents (U.S.), as gold, oil prices also rise
The Canadian dollar is on the rise again, just weeks after the Bank of Canada warned that a high loonie poses a threat to the country’
OTTAWA -- New home construction rose by a seasonally adjusted annual rate of 157,300 units in October, up from 149,300 in the previous month, according to Canada Mortgage and Housing Corporation.
Economists had expected hous
Canadian building permits rose 1.6% in September, the fourth gain in five months, as residential work returned to the level it reached before a recession began last year.
The total value of permits issued by municipalities r
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