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By eliminating rent control on new units, the PC government hopes to increase unit supply by incentivising investors and encouraging developers to build.

Zoocasa’s exercise used average home prices from local real estate boards across the province and assumed a 20-percent downpayment, a mortgage rate of 3.33 percent, and a 30-year amortization period.

According to the Canada Mortgage and Housing Corporation (CMHC), there was strong evidence in Calgary of overbuilding during the second quarter of the year, and the issue was not limited to condos.

Buyers often fail to consider all their carrying costs when looking at houses for sale — often, just the up-front costs, such purchase price, home inspection costs, renovations, legal fees and land transfer tax, are top-of-mind.

A BC website, in partnership with a brokerage, has started publishing local home-sales data, including previous sale prices, in a move one industry expert describes as likely “rogue.”

Livabl recently sat down with Samantha Sax to find out more about her successful partnerships and the future of women in the industry.

Metro Vancouver’s deflated housing market hasn’t put an end to blockbuster land deals.

Mike Leipart shares his experiences and insights on the fast-paced world of Los Angeles real estate.

Check out which development took the top spot in May 2018.

Despite slightly lower year-over-year numbers, Canadian home prices are still well above where they were in decades past, and seem likely to continue inching upwards in the coming years.

“Generally I think a lot of these concerns are misguided,” Property.ca Leslieville partner Ara Mamourian tells BuzzBuzzNews. “I think some of these people would be thinking of older subway technology, whereas with the current state of affairs, the effect would likely be very minimal.”

According to the real estate research organization Real Estate Investment Network (REIN), Ottawa, Kitchener-Waterloo, Hamilton, Barrie and Brampton all have the potential to become leading housing markets in the next five years.

These were last month’s most popular developments.

Greater Vancouver is one of Canada’s — and the world’s — most expensive housing markets, but 40 years ago it was a very different story.

The bustling street didn’t always look how it does today — take a peek back at its quieter moments in the 1970s and 80s.

Described as “A Week Without Worry,” the carnival was a major success with tens of thousands in attendance.