Short-term relief from Bank of Canada rate hold and more Canadian real estate news for September 9

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Home of the Week: 5036 Vanstone Crescent NW, CalgaryHayden Pattullo/Hayden Pattullo/Damon Hayes Couture

Here are The Globe and Mail’s top housing and real estate stories this week, with the lowest mortgage rates available in

BCFSA fines 2nd agent in White Rock special levy case

A second B.C. real estate agent has been ordered to pay more than $30,000 for failing to notify his clients about an impending special levy before they purchased a condo in White Rock.

Jitendra Angelo Dehideniya has six

How I built side hustle into real estate giant

One of the world’s largest real estate companies started out as a side hustle.

Today, Denver-based Re/Max operates in more than 110 countries, and has a market value of $265.2 million. But it began with a single, small house-flip in

Real estate brokerage giant predicts a ‘tough’ market for remainder of 2023

While U.S. home buyers and renters don’t have much optimism about the market right now, one real estate brokerage giant

Stock, Real Estate Crash Would Spark US Deflation: Economist

Canadian Real Estate Losses Are Reversing At A Brisk Pace: BMO

Canadian real estate prices surged higher as rates were cut, then plunged as rates climbed. According to a new BMO Capital Markets analysis, markets have retraced a significant portion of their losses despite higher interest rates. In fact, some real

China‘s property sector is world’s ‘most important’ industry, says Fitch’s James McCormack

China’s property sector is continuing its yearslong crisis, as giant developers risk default and home prices continue to sink, perhaps by more than what official data suggests.

Real estate constitutes about 30% of China’s GDP, making it the single biggest

The housing crisis plus other letters, Aug. 18: ‘The best thing I can do to provide for my children in the distant future is to buy real estate and rent it out’

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A for sale sign is displayed outside a home in Toronto in December, 2021.CARLOS OSORIO/Reuters

Pain points

Re “Bank of Canada stuck wondering why interest rate hikes have not been enough to tame inflation”

Real estate: Homes with the highest price per square foot

While the latest interest rate hikes might be helping to cool real estate activity in Canada, several smaller markets are seeing an annual increase in the average price per square foot of a home, particularly among single-family dwellings.

This is

Lincoln National’s commercial real-estate exposure targeted by two hedge funds

The front of an office building is seen in New York City, U.S., July 7, 2023. REUTERS/Amr Alfiky/File Photo

NEW YORK, July 28 (Reuters) – Two hedge funds have placed bets that bonds issued by life insurance company Lincoln National