Apr 15, 2010 CBC News
New listings in Canada's housing market hit a record level of 97,663 in March 2010, the Canadian Real Estate Association said Thursday.
The March figure is 20 per cent higher than the same month in 2009. A total of 233,402 new listings have come on stream since the beginning of the year, more than in any other first quarter on record, the agency said.
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Apr 15, 2010 AJ Sull network.nationalpost.com
In Canada, a significant amount of fiscal and monetary resources were committed to ensuring that the real estate market was stabilized.
During the depth of the financial crisis, the political appetite to reign in perceived excesses in various segments of the economy was significant. It seemed that international conferences amongst the G20 nations were being held at ever shrinking intervals promising that those deemed to be held responsible for the financial fraud would be held accountable and new regulations were sure to be implemented. The implicit message from the business community and the politicians was that lessons were learned and the same mistakes would not be repeated.
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 Apr 15, 2010 Steve Ladurantaye Globe and Mail
Number of homes sold, prices also surge as consumers flock to the market before new mortgage requirement and HST come into effect
The Canadian real estate market reignited in March, with the number of new listings skyrocketing even as the number of sales and average prices crept toward all-time highs.
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 Owner Jagdish Lal says if he sold his unit now, he would not be able to break even. Apr 14, 2010 Kathy Tomlinson CBC News
Sold up to 62% over value
A group of B.C. condo owners say they were unfairly pressured by a national developer into paying much more than their condos are worth, while the developer secretly gave their neighbours big discounts.
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Apr 13 2010 Derrick Penner Vancouver Sun
Vancouver - March Real estate sales in British Columbia were 43 per cent higher than the same month last year, when the market was just emerging from the housing downturn, the British Columbia Real Estate Association reported Tuesday.
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 Ilze Latisenoka's dream apartment soon turned into a financial nightmare Apr 12, 2010 Shanaz Musafer BBC News
Ilze Latisenoka gazes around her top-floor apartment with a sad smile on her face, wondering what might have been.
As the sun streams in through the large skylights in the sloping roof, it is easy to see why she fell in love with the flat.
But things did not work out the way she planned.
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April 12, 2010 Laurie Monsebraaten yourhome.ca
Ontario's 1.3 million renter households will be protected from rent increases due to the HST, the Star has learned.
In advance of the harmonized sales tax taking effect in July, sources say the Liberal government will close a loophole in rent regulations that would have allowed landlords to apply for above-guideline rent increases based on the new 13 per cent tax on utilities.
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The housing boom rolls on, and the offerings vary greatly from one city to the next. Apr 12, 2010 Tim Shufelt Financial Post
Canada’s housing boom continues to resonate, keeping realtors busy, prompting bidding wars among buyers and pushing prices skyward.
There has been a recent urgency to the real estate market as a few factors have compelled home buyers to act.
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Apr 11, 2010 Lisa Schmidt Calgary Herald
Despite rising mortgage rates and surging home prices, Charmaine and Everett Buhler didn't hesitate to make an offer on a house in Varsity.
After an 18-month search, the Calgary couple snapped up the home the same day they looked at it.
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Apr 9, 2010 Michele Brunoro ctvbc.ca
As the loonie hovers near parity with the U.S. dollar, a growing number of Canadians are taking advantage of real estate deals south of the border.
The number of Canadians buying property in Whatcom County, located at the northwestern tip of Washington State, is up 20 per cent over last year.
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Apr 10, 2010 John Greenwood Financial Post
'Orphan mortgages' begin to surface
Rod and Joyce Marentette bought their house in Chatham, Ont., a month before getting married in 2005. The economy was booming and credit was plentiful, so even though they didn't have a down payment and Rod had recently gone through a bankruptcy, there were plenty of mortgage companies willing to lend to them.
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 Joe Williams is a real estate agent who is going against the grain and offering people the ability to list on the MLS for $109. Apr 08, 2010 Steve Ladurantaye theglobeandmail.com
Agents start up inexpensive listing-only services after Canadian industry group changes MLS rules
Just two weeks after the real estate industry changed its controversial rules, some quick-footed agents have jumped in with markedly lower fees, drawing the wrath of competitors in the process.
These agents are operating amid what some see as confusion in the industry, created by the Canadian Real Estate Association's heated dispute with the Competition Bureau. Alleging anti-competitive practices involving the body's Multiple Listing Service (MLS), the bureau is taking the association to the Competition Tribunal even after CREA altered its MLS rules.
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Apr 08, 2010 ctv.ca
Housing markets across the country have been growing, but some of the major markets may have become overheated while others grew at a more moderate level, according to a national retail-sales organization.
The average prices for all key housing types rose more than 10 per cent on a national basis in the first quarter of this year, according to the Royal-Lepage House Price Survey.
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Apr 08, 2010 Derrick Penner Vancouver Sun
Vancouver — Metro Vancouver saw the steepest increase in home prices of Canada's major markets in the first quarter of this year in a sales rebound characterized as an “irrational” response to market conditions.
The average price of a detached bungalow on Vancouver's east side hit $674,180 in the first quarter of 2010, a 25-per-cent jump from the first quarter of 2009, realtor Royal LePage reported Thursday in its quarterly survey of major-market housing prices.
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Apr 08, 2010 Jaqueline Nelson canadianbusiness.com
CEOs predict years of sluggish growth for residential real estate prices.
Canadian CEOs don’t think that the country’s real estate market is in a bubble, but that doesn’t mean they’re optimistic about further growth.
A recent Compas Inc. poll shows that business leaders expect a rise in residential real estate prices over the next 12 months of just 1.75%. That’s a modest prediction, given that real estate prices jumped 18% in the past year, and that over the past 20 years, they increased on average by 3.4%.
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April 06, 2010 Andy Holloway Financial Post Magazine
Apply The Law Of Unintended Consequences To The New Mortgage Rules And The Picture Isn't Pretty
On the surface, Ottawa's new mortgage rules are intended to legislate against people making bad decisions, such as buying too much house with too little money, as well as reduce the line-ups of pre-build condo speculators in Vancouver and Toronto. But if the new rules work, the unintended consequences could be dire, warns Don Campbell, president of the Real Estate Investment Network, an association of investors based in Calgary whose members own more than $3 billion worth of property.
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Apr 08, 2010 The Canadian Press
Prices for all key housing types were up more than 10% across Canada in the first quarter on a national basis, study says
There are signs that some of Canada's major house markets have become overheated, although most others have shown a more healthy rate of moderate growth, according to a national real estate sales organization.
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Apr 07, 2010 John Ackermann news1130.com
Vancouver - The dream of owning a home is about to become out of reach for even more Canadians. It looks like a "perfect storm" brewing that will keep more people out of the market.
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Apr 07, 2010 David Pett network.nationalpost.com
You might think that the popping of one of the greatest housing bubbles in history would have changed attitudes toward real estate. But not so, according to Fannie Mae’s National Housing Survey of attitudes in the United States.
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