Two in 10 Canadians (16%) said they be more comfortable with the real estate market if the Bank of Canada cuts its lending rate by more than 100 basis points by the end of the year, according to a new survey conducted by Leger on behalf of RE/MAX Canada. The survey,...
Chartwell Retirement Residences (TSX: CSH.UN) (OTCMKTS: CWSRF), Canada’s largest provider of senior housing, has acquired three retirement residences on Vancouver Island for an aggregate purchase price of $226.9 million. The three properties have a combined total 384...
Canadian police have confirmed the suspect in the murder of a Toronto-area realtor has left the country and is now in Hong Kong. GlobalNews reported Zhixiong Marko Hu left Canada on Aug. 12, the day that the burned remains of Yuk-Ying (Anita) Mui were discovered in...
A suspect in the murder of a Toronto-area real estate agent may have already fled the country. CTV News reported that Zhixiong Marko Hu was wanted for first-degree murder in the death of Yuk-Ting (Anita) Mui, whose burned remains were found on Aug. 12 after she was...
Roughly three-quarters of Canadian credit debt consists of mortgage payments, according to TransUnion Canada’s Q2 2024 Credit Industry Insights Report. The new report found Canada’s total credit debt grew by 3.2% year-over-year to a record $2.41 trillion. Mortgage...