Real Estate

Home sales in May fell 4.3 per cent compared with a year ago, however the Canadian Real Estate Association said Monday that activity picked up when compared to the previous month.

Canada Mortgage and Housing Corp. says the annual pace of housing starts in May edged down 0.2 per cent compared with April.

Short-term vacation rental platform Airbnb says “thousands” of reservations in British Columbia are at risk of being cancelled due to the province’s crackdown on the industry amid a housing crisis.

Retired architect Michael Geller says he’s always keen to restore some “justice” to Vancouver’s real estate scene.

Governments must give seniors a tax break to make it more financially viable for them to downsize from their family homes, according to a report by the Missing Middle Initiative released this month.

The parliamentary budget officer says Ottawa’s plan to slash the sales tax on housing would save an eligible first-time homebuyer an average of roughly $27,000 off the price of a newly built home.

A remote Scottish lodge used to keep foreign secret agents far away from trouble during World War II is now up for sale.

A B.C. landlord who evicted his tenants so he and his son could move into their unit, then spent two-and-a-half months replacing the carpet before moving in, will have to pay the evicted tenants more than $36,000.

The federal government has moved slowly to reduce its office space, a new report by Canada’s auditor general said Tuesday.

A new analysis says first-time Canadian homebuyers could save up to $240 on their monthly mortgage payments through the federal government’s proposal to waive the sales tax on new builds.

The national average asking rent in May was down 3.3 per cent from a year earlier at $2,129, marking the eighth consecutive month of year-over-year decreases.

Home sales in the Montreal-area rose again in May compared with the same month a year ago, as the city’s real estate board says both activity and price growth show no signs of tapering off.

The few hours you spend with an inspector may just be the most important part of your home-buying process.

A survey shows nearly half of homeowners facing a mortgage renewal in the next year expect their monthly payments to go up -- with many anticipating having to adjust their budget to keep up with the higher cost.

Being mortgage free can seem like a distant goal when the outstanding balance is in the hundreds of thousands of dollars and most of your regular payments are going toward paying interest.