Real estate markets to watch in 2024: Inventory and affordability

A stubborn lack of inventory and high mortgage rates kept many prospective homebuyers at bay for most of 2023.

Homeowners are holding on to their homes – and the sub-5% mortgage interest rates – instead of selling their homes to

Sale of B.C. home without owner’s consent leads to $300K in penalties for real estate professionals

A fraudulent scheme that saw an unoccupied home in Richmond, B.C., sold without the owner’s consent has led to more than $300,000 in discipline penalties and costs for the real estate agents and brokers involved.

According to a notice from

Here’s another major sign Toronto’s real estate market is in big trouble right now

There are a handful of trends that show how badly Toronto’s housing market is flopping right now, and the latest may be the most concerning of all.

As noted by local mortgage expert Jason Geall on his well-followed TikTok account

Provincewide real estate prices fall, local area sees increase

‘We’re only in November, but it appears many would-be home buyers have already gone into hibernation,’ said CREA official

Prices for three leading real estate categories fell in October compared to September, data released Wednesday by the Canadian Real Estate

CIBC analyst offers some top picks in the real estate sector

Daily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow

CIBC analyst Sumayya Syed surveyed the REIT sector and offered some top picks,

“We estimate 2024 FFO [funds from operations]/unit growth to average approximately 3

Ontario Leads Canada’s Real Estate Cooldown As Sales Fall To Crisis Levels: RBC

Canadian real estate markets are softening as higher rates begin to weigh on virtually all markets. RBC warns October data reveals falling existing home sales and rising inventory. The combination has resulted in the price decline for a typical home

Commercial real estate bubble will burst, says top economist who predicted 2008 housing crisis

While a lot has recovered and rebounded since the pandemic (think Thanksgiving travel and gathering en masse), work environments seem forever changed. The pandemic emptied office buildings as we once knew them, and central business districts suffered. Commercial real estate …

Hot Calgary real estate market has buyers getting creative – Calgary

In a heartwarming twist in Calgary’s real estate scene, a young couple successfully secured their dream home by attaching a heartfelt love letter to their offer for Carellyn Pitre’s family home.

The emotional touch not only captured Pitre’s heart, but

Private real estate not feeling the pinch from high rates: Nuveen’s Carly Tripp

Homeowners may be feeling the bite from elevated interest rates, but Carly Tripp says the trend has not yet caused distress in the global private real estate markets she operates in.

“Throughout the rate cycle we’ve seen some of the

Real estate giant Hines says office needs to be more than a workplace

Getting people back to the office means companies need to offer sustainable, amenity-rich spaces, Hines executives say