This Week’s Top Stories: Canadian Real Estate Unaffordable Until 2035, & Mortgages Won’t Fall Much Further

Time for your cheat sheet on this week’s top stories.

Canadian Real Estate

Canadian GDP Rises On Gov Spending, Big Revisions To Slow Rate Cuts: BMO

Canada’s economy is growing faster than anticipated, which may lead to higher rates. Real

OREA’s Bold Policy Recommendations Raise The Bar For Real Estate

This article was written and submitted by Rick Kedzior, 2024 President of the Ontario Real Estate Association (OREA), Canada’s largest provincial real estate association.

As REALTORS®, we know all too well the challenges of buying or selling a

Feds target corporate investors buying single-family homes and the Home of the Week: Canadian real estate news for November 22

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Home of the Week, 26 Auditorium Circle, Grimsby, Ont.Cathy Koop/Cathy Koop Photography

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

Try The

Once shunned, areas near Bhopal gas tragedy site now see real estate boom

Union Carbide factory, the site of the deadly gas leak 40 years ago which was once located on Bhopal’s outskirts, is no longer ostracised with its neighbourhood now dotted with residential and commercial establishments.

The real estate in the city

GST and your real estate transactions – Think Local

Though many people do not realize it, unless an exemption applies, real estate purchases are subject to GST.

To determine whether an exemption applies, the seller must consider how the property was used during its ownership.

Buyers are

Real estate CEO steps down weeks after short report

Sun Communities chief executive and chairman of the board Gary Shiffman is stepping down after helping to establish the predecessor to the publicly traded real estate investment trust in 1975 and running the company since it went public in 1993.

Realtor numbers drop at Canada’s largest real estate board

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If the number stands, 2024 will mark TRREB’s first year-over-year drop in membership in decades.Richard Buchan/The Canadian Press

Higher professional fees, lower transactions and increasingly complex market is seeing many long-time realtors leave the

This Week’s Top Stories: Canadian Real Estate Demand Weakens In Key Markets & Supersized Rate Cuts

Time for your cheat sheet on this week’s top stories.

Canadian Real Estate

Toronto & Vancouver Are Now The Weakest Real Estate Markets In Canada

Toronto and Vancouver are traditionally Canada’s hottest real estate markets, leading the trend. If that

India Canada row: Canadian investments in India’s real estate sector intact, says expert

Institutional investors from Canada, along with its various partners, have invested close to $9 billion into Indian real estate and the current diplomatic row is unlikely to have any adverse impact on existing investments, said Aashiesh Agarwaal, senior vice president,

Sault real estate: Fall market insights from local expert Carlo Gervasi

Are you planning to buy a new home or sell your current one this fall? Is this a better time for buyers or sellers, and is there any merit in waiting until spring?

We spoke to local REALTOR® Carlo Gervasi