Real Estate

April home sales up from March, but down from year ago, CREA says

OTTAWA—Canadian home sales were up 2.7 per cent from March to April, boosted by the Vancouver and Toronto markets, according to the Canadian Real Estate Association. However, sales through the Multiple Listings Service were down 0.3 per cent compared with a year ago and one per cent below the 10-year average. The association says the …

Contracts to buy US homes rose for 1st time in 9 months in March, pointing to higher sales

  WASHINGTON – More Americans signed contracts to buy homes in March, the first increase since June and a sign that the housing market may pick up after a sluggish start to the year. The National Association of Realtors says its seasonally adjusted pending home sales index rose 3.4 per cent to 97.4 last month. …

Real estate agents eagerly awaiting outcome of Quebec election

MONTREAL—The Quebec election has real-estate agents on both sides of the Quebec-Ontario border agreeing on one thing: the market is on hold as homebuyers await the outcome. Realtors say a Parti Quebecois majority on April 7 likely wouldn’t result in the kind of mass exodus that followed the party’s first election victory in 1976. Thousands …

Six tips to help you survive the mortgage market

     Wikipedia photo The spring real estate market is gathering momentum. And banks, finance companies, and lawyers are all gearing up to take their cut, mostly in the hyper-competitive mortgage market. You might well feel like a lamb among the wolves here. So here are a few things you should know about mortgages to avoid …

Posh ranch to go on sale for $37.8 million in Alberta’s cowboy country

MILLARVILLE, Alta.—If you’re a multi-millionaire with a dream of living in cowboy country, Sotheby’s auction house may have the perfect thing for you. The sprawling Kettle Lake Ranch near Millarville, Alta., is going up for sale with an asking price of $37.8 million. That pays for a posh three-bedroom, three-bathroom bungalow on the shores of …

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