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Average Canadian home price is $440K - what will that buy?
Saturday, April 18, 2015
The real estate market continues to be hot, with the average price for a home in Canada reaching a record high in March. But what does that mean for home buyers across the country?
BC market booms in March helped by Alberta's woes
Friday, April 17, 2015
While Alberta's economic concerns over the oil industry continue it seems that the situation is good news for neighbours in British Columbia.
Home sales up nearly 40% in this Canadian city
Friday, April 17, 2015
A total of 9,101 residential unit sales were recorded in Vancouver in March, up 37.6 per cent year-over-year, according to new figures.
The Toronto market will land when…
Friday, April 17, 2015
Prices and sales in Canada’s two hottest markets all but rule out the possibility that they’re on the verge of the soft landing gripping much of the country.
Investment returns stable in all Canadian markets – except one
Friday, April 17, 2015
Real estate markets in Canada are seeing overall stability with respect to investment returns, says a new report – except in one province.
Canadian house prices headed up: Re/Max
Friday, April 17, 2015
With spring market now in full swing, it seems everyone is weighing in on the state of the housing market and wondering how much higher Vancouver and Toronto prices can go.
Bank economists point to interest rate changes
Friday, April 17, 2015
Brokers now know what the immediate future holds for interest rates, but what can they expect in the long-term? Several big bank economists weigh in.
Bank of Canada considers more-dire housing outlook
Thursday, April 16, 2015
A soft landing for the housing market is still the most likely scenario, according to the Bank of Canada, but it is still wary of a more disastrous correction.
Toronto housing market surges during first quarter of 2015
Wednesday, April 15, 2015
TORONTO, April 15, 2015 /CNW/ - The Royal LePage House Price Survey released today showed sizable year-over-year price appreciation in the first quarter for all housing types in Toronto.
Canadian home sales climb in March
Wednesday, April 15, 2015
According to statistics released today by The Canadian Real Estate Association (CREA), national home sales activity was up on month-over-month basis in March 2015.
Housing starts in this province were up 83%
Friday, April 10, 2015
Housing starts in one province have increased by 83 per cent year-over-year, according to new figures.
'The madness is here.': Toronto home buyers greet the spring market
Thursday, April 9, 2015
As lively as Toronto's real estate market has been so far in 2015, this is the week that activity really starts to intensify.
Site of Toronto's famed Guvernment nightclub to become multi-purpose arts/condo complex
Wednesday, April 8, 2015
With crews demolishing the Guvernment and condo registration now open, it's refreshing to have new buzz along that lonely stretch of Queens Quay, where the Bay Street downtown bus shares the wide road with cars, cyclists and the occasional pedestrian.
Boomers drive real estate market for luxury housing
Wednesday, April 8, 2015
Canada's luxury housing market is in the midst of a striking transfer of wealth, as baby boomers trade up for bigger houses while pouring huge sums into real estate for their children.
Primed Property: Prepping an everyday condo unit for quick resale
Tuesday, April 7, 2015
Toronto continues to be condo crazy, and while the increased interest in tall-tower living is great for buyers who feel priced out of the detached housing market, it's a mixed blessing for sellers of those units.
Cottage real estate market booming in Muskoka region
Monday, April 6, 2015
The slow start to spring hasn't been a problem for people wanting to buy or sell a cottage in the Muskoka region, in fact record sales are being reported.
Canadian homeownership gets more unaffordable
Friday, April 3, 2015
As Canadian house prices continue to rise, the dream of homeownership remains out of reach for many Canadians – good news for investors who have a larger pool of renters to choose from.
Condo living will be the new normal in Ontario: BMO
Thursday, April 2, 2015
The already expansive price gap between condos and detached housing in the Greater Toronto Area (GTA) will continue to expand towards the end of the decade as new detached development is squeezed against the walls of the protected Greenbelt and overwhelmed by mature millennials looking for backyards.
CMHC increasing mortgage insurance premiums for buyers with small down payments
Thursday, April 2, 2015
OTTAWA - Canada Mortgage and Housing Corp. is raising mortgage insurance premiums for homebuyers with less than a 10 per cent down payment by about 15 per cent, effective June 1.
Do Canadians prefer urban or suburban living?
Wednesday, April 1, 2015
Canadians' preference for where to live is remarkably balanced, showing investors that renters will continue to seek both urban and rural properties.


Harvey Kalles Real Estate Ltd., Brokerage
2145 Avenue Road - Toronto, Ontario, M5M4B2
Phone 416-441-2888       Fax 416-441-9926

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