A report from the Globe and Mail in Canada. "Many long-time agents continue to find the unpredictability of the Greater Toronto Area market perplexing. Leslie Battle, a real estate agent with Royal LePage Real Estate Services Ltd., had two listings…
A report from the Globe and Mail. "Navin Seepaul is a 29-year-old single dad who makes $30,000 a year as a barber. He owns a $1-million house in Brampton, a sprawling suburb northwest of Toronto. Each month, the payments on…
A report from the Globe and Mail in Canada. "97 Stuart Ave., Toronto: This custom-built, four-bedroom residence was unsuccessfully listed around $3.5-million early 2018. So, the sellers hired different agents who pushed for a $3.149-million starting price last summer and…
It's Friday desk clearing time for this blogger. "The Commerce Department said on Friday new home sales dropped 12.8% to a seasonally adjusted annual rate of 635,000 units last month. It was the biggest monthly decline since July 2013. The…
Two reports from the Globe and Mail in Canada. "A drop in the number of low-rise houses under construction in the Toronto region has led to job cuts for workers who specialize in home-building trades. The number of detached and…
It's Friday desk clearing time for this blogger. "Consider a few of these recent headlines from major newspapers around the state: 'Bay Area home prices fall 1.7% in May, biggest year-on-year drop in 7-plus years,' said the San Francisco Chronicle…
A report from the Toronto Star in Canada. "The number of newer rental apartments in the GTA that are empty and ready for new tenants is at its highest level since a leading real-estate consulting firm started keeping track in…
A report from the Canadian Press. "The Toronto area’s spring real estate market typically begins winding down in June. Andre Kutyan of Harvey Kalles Real Estate Ltd. recommends that sellers set a price based on what comparable properties have sold…
Two reports from the Globe and Mail in Canada. "In a letter to the House of Commons finance committee, Evan Siddall, chief executive of Canada Mortgage and Housing Corp., offered an aggressive defence of the controversial mortgage qualification standard, saying…
A report from the Toronto Star in Canada. "Over the last few months, the staggering scale of money laundering in the Toronto and Vancouver real estate markets has come into focus. Even though real-estate agents are technically required to report…