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Homes slightly less affordable across Canada in Q3 2013: RBC Economics
Nov 28, 2013
Owning a single-family home more of a stretch in desirable locations across Toronto, Vancouver and Montreal. Affordability levels have yet to pose an immediate threat to the housing market's overall health and stability.
October 2013 Housing Starts in Canada
Nov 13, 2013
“The trend in total housing starts has gained momentum since July, which is in line with expectations that new construction would strengthen over the second half of 2013. Gains since July have been broad-based, reflecting increased activity in large and small urban centres, particularly in Ontario and, to some extent, in British Columbia. Housing starts remain on target with our projected total for 2013, which is expected to range between 179,300 and 190,600 units,” said Mathieu Laberge, Deputy Chief Economist at CMHC.
Canadian real estate market to remain strong in 2014, access to transit a crucial consideration for developers
Nov 13, 2013
The Canadian real estate market will maintain its strength next year, according to the Emerging Trends in Real Estate report, released by PwC and the Urban Land Institute (ULI) today. With challenging infrastructure in all major Canadian centres coupled with the urbanization trend, there will be a continued demand for retail, office and residential space in our urban centres where there is easy access to mass transit," says Lori-Ann Beausoleil, Partner and National Real Estate Leader at PwC.
Sun Life Financial provides multi-million dollar mortgage for unique British Columbia shopping centre
Nov 5, 2013
Sun Life Assurance Company of Canada, a leading provider of commercial mortgages in North America and a wholly owned subsidiary of Sun Life Financial Inc., advanced a $140 million term mortgage on October 31, 2013 to Shape Properties (Abbotsford West) Corp., developer of the new 600,000 square foot Highstreet Shopping Centre in Abbotsford, British Columbia.
D+H Reports Third Quarter 2013 Results
Nov 5, 2013
Davis + Henderson Corporation ("D+H" or the "Corporation" or the "Company") today delivered strong growth and performance for the three and nine months ended September 30, 2013 as it continued to build its standing as a leading North American financial technology ("FinTech") provider.
News provided by: Canada Mortgage Magazine