Canada’s Financial Transactions and Reports Analysis Center (FINTRAC) and the Canada Revenue Agency (CRA) issued an Operational Alert related to related to potential tax evasion within the nation’s real estate market. “Canada’s real estate sector is used by criminals...
Home sales across Canada during July were down by 0.7% month-over-month but were also up 4.8% from one year earlier, according to the Canadian Real Estate Association (CREA). Monthly changes in sales activity were generally small in the larger urban centers, with...
July housing starts in Canada totaled 279,509 units on a seasonally adjusted annualized rate (SAAR), up 16% from June’s total of 241,643, according to Canada Mortgage and Housing Corporation (CMHC). July’s activity was the highest since June 2023, when they exceeded...
A new housing development that will provide 146 affordable apartments is being constructed in the Hastings-Sunrise section of east Vancouver. The Sunrise Village project will encompass two new buildings that will replace an aging 64-apartment building. Construction is...
A glut of new listings helped boost home sales in July while prices were slightly lower, according to new data from the Toronto Regional Real Estate Board (TRREB). A total of 5,391 home sales were transacted through TRREB’s MLS System last month, up by 3.3% from the...
State Farm and Allstate Take Steps Toward Reopening California Home Insuran…
