Real Estate New Headlines // September 26th 2014

What is happening in the Canadian Real Estate market?


Huffington Post Canada

Smoke, Mirrors And Home Sales: Why Some Experts Don’t Trust Canada’s Housing Numbers

There are frequent calls for more data to be made available especially in terms of assessing the potential for corrections in the market but is it really in the best interests of the industry?

Edmonton Journal

Advocates worried ‘desperately needed’ condo act delayed again

Advocates are worried “desperately needed” updates to the province’s condominium laws will be delayed once again after the Alberta government this week signalled a fresh start for the upcoming fall legislative session.

Calgary Herald

Calgary and Toronto office markets outperform

Lacklustre job creation continues to impact demand for commercial real estate in Canada, but office markets in Calgary and Toronto are outperforming the rest of the country, according to the CBRE Limited’s National Office and Industrial Third Quarter 2014 Statistical Summary released on Thursday.

The Globe and Mail

Richardson GMP’s Hilliard MacBeth sounds the housing crash warning

Hilliard MacBeth is staking his reputation on the controversial idea that there will soon be a housing crash in Canada.

U.S. new-home sales surge to six-year high

Sales of new U.S. single-family homes surged in August and hit their highest level in more than six years, offering confirmation that the housing recovery remains on course.

Bloomberg Canada

Toronto Flooded With Office Space Spurs Fears of New Bust

The last time Toronto office developers were this exuberant, Carl Blanchaer remembers it ending badly, he said. Construction on the 57-story skyscraper his firm designed for the financial district halted after just six floors and stood abandoned for 15 years.

Toronto Star

Loblaw experiments with drive-through

Loblaw to pilot a grocery drive-through service that would allow customers to order online and swing by the store to pick up their order.


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