Real Estate & Property Investment News in Canada from Propertyshowrooms.com

Home sales slide worst in 14 years

Thu, 20 Nov 2008 00:00:00 GMT

Existing-home sales suffered their worst decline in 14 years and prices continued to dip as consumers scared by the stock market crash turned their back on the Canadian housing market in October...

Property sales plunge in Canada as Toronto sees biggest drop

Sun, 9 Nov 2008 00:00:00 GMT

Property sales in Canada are plunging amid fears that the credit crunch is affecting the country much harder than experts were expecting...

Steep drop in Canada's existing home prices

Mon, 15 Sep 2008 00:00:00 GMT

The Canadian housing market continued its downward spiral in August with a third straight month of falling prices in the country’s 25 largest markets, the Canadian Real Estate Association said....

Canadians 'cashing in on lower US house prices'

Fri, 12 Sep 2008 00:00:00 GMT

In news that may interest those thinking of investing in US property, it has been reported that an increasing number of Canadians are taking advantage of the widespread availability of bargain deals in their southern neighbour....

Resale home listings hit record high

Fri, 29 Aug 2008 00:00:00 GMT

The number of new listings for resale homes leapt past 80,000 for the first time last month amid sagging sales and prices, according to the Canadian Real Estate Association...

Emigration trend likely to grow

Thu, 28 Aug 2008 00:00:00 GMT

The number of UK residents who are likely to opt for a move abroad is likely to continue to grow, it has been claimed.

Dave Isley, head of NatWest Personal Banking, stated that the...

Canada. Royal Host completes Grand Okanagan Resort sale for $131 Million

Tue, 19 Aug 2008 00:00:00 GMT

Royal Host Real Estate Investment Trust has completed the previously announced sale of the Grand Okanagan...

Canadian housing enters a 'sustained downturn'

Thu, 7 Aug 2008 00:00:00 GMT

Merrill Lynch's David Wolf said while the risk of a housing market crash was small, an "outright bust" in commodity prices would make the scenario "a rather more serious threat."...

6N Silicon Wins Government Money for Development Near Toronto

Thu, 31 Jul 2008 00:00:00 GMT

The province of Ontario has granted nearly $8 million to support the expansion of 6N Silicon Inc., which specializes in turning low-grade silicon into the purified form...

Jumbo jet suffers 'mid-air damage' over Canada

Wed, 30 Jul 2008 00:00:00 GMT

A Cathay Pacific Boeing 747 aircraft with 363 passengers on board suffered mid-air damage while descending for a landing at Vancouver, officials said...

Canadian Office Complex Commands $130M

Wed, 30 Jul 2008 00:00:00 GMT

Petroleum Plaza, a 315,000-square-foot office property in Edmonton, Alberta, Canada, has been snapped up in a transaction valued at $130 million. Acting on behalf of client...

Out of the way 'undiscovered' part of Canada tipped as 'hot' investment prospect

Sat, 26 Jul 2008 00:00:00 GMT

Nova Scotia is the 'hot' new area of Canada that is attracting a new generation of property investors from the UK who are fed up with the economic gloom...

Canada getting pricey for foreign firms

Thu, 24 Jul 2008 00:00:00 GMT

The strong dollar has made Canadian cities relatively more expensive places for foreign firms to relocate their employees, an annual survey of the living costs in major cities around the world has...

Mortgage crisis may be looming for Canada

Tue, 22 Jul 2008 00:00:00 GMT

Lost amid concern over United States government agencies moving in to support mortgage lenders Freddie Mac and Fannie Mae plus IndyMac Bankcorp, was a warning that Canada could soon face its own...

Victoria Dockside Stes New World Record for LEED Sustanabilty rating

Tue, 22 Jul 2008 00:00:00 GMT

Victoria’s Dockside Green Community sets world record for highest LEED environmental sustainability rating for a new construction project Victoria, BC, Canada – Dockside Green, a mixed-use resid...

West leads drop as Canadian housing slumps

Wed, 16 Jul 2008 00:00:00 GMT

Canadian home price have now begun to fall, according to the Canadian Real Estate Association. The Ottawa-based group said that the average sale price in country’s top 25 markets in June was $341,096...

International Real Estate: For Sale in ... Victoria, British Columbia

Tue, 15 Jul 2008 00:00:00 GMT

A renovated 1930s waterfront home with a modern kitchen and original Arts and Crafts details is on the market for $2,978,000...

Skyline Buys Horseshoe Valley Resort for $37M

Tue, 15 Jul 2008 00:00:00 GMT

Skyline International Development Inc. has completed the acquisition of Horseshoe Valley Resort, one of Ontario's largest year-round recreation properties...

Pair of Canadian REITs Ink $80M Deal

Mon, 7 Jul 2008 00:00:00 GMT

Toronto-based Whiterock REIT and Leben REIT of Calgary have agreed that Leben will sell to Whiterock a portfolio consisting of eight of Leben’s nine properties for approximately $80 million...

Property prices slowing in Canada but crash unlikely

Mon, 30 Jun 2008 00:00:00 GMT

Property prices in Canada are showing signs of cooling after a long run of rapid increases, according to financial experts...