No spike in cottage, investment property sales as new capital gains rules take effect

Changes to the capital gains inclusion rate take effect today — and while some real estate experts say the changes are causing anxiety within the industry, a leading real estate association says it hasn’t seen a bump in sales of

Cottage owners share the pros and cons of ownership and the Home of the Week: Canadian real estate news for May 25

Open this photo in gallery:

Home of the Week, 145059 16th Side Road, Meaford, Ont.elevatedphotos.ca

Here are The Globe and Mail’s top housing and real estate stories this week and one home worth a look.

Try The Globe’s business

Matthew Perry downsized to an LA cottage in his final years

Beloved “Friends” star Matthew Perry left a lasting mark both on and off screen — and it turns out that in his final years, the actor was undergoing a major life transformation.

Perry, who passed away at the age of