Real Estate News Headlines // September 4th 2014

What is happening in the Canadian Real Estate Market?


The Globe and Mail

Vancouver single-family detached homes hit record high prices

Greater Vancouver and Fraser Valley home buyers have pushed up prices for single-family detached houses to record highs.

‘Canadians are buying everywhere’: Money pours into real estate ETFs

Investors are putting money into real estate companies outside the U.S. at a record pace as interest rates recede, economies expand and opportunities remain to buy assets at discounts amid lingering distress from the global financial crisis.

Calgary Herald

Condos could push 2014 housing starts to record heights

Stronger condo apartment starts are spurring Calgary total housing starts to a potential new record this year but some cooling is expected in 2015, says a new report by Altus Group.

Edmonton Journal

By the numbers: Realtors say population growth is boosting housing prices

Edmonton’s fast-growing population is forcing real estate prices up, says the Realtors Association of Edmonton.

Huffpost Business Canada

High-Volume Fracking To Be Banned In Nova Scotia

Nova Scotia will introduce legislation to prohibit high-volume fracking this fall, Energy Minister Andrew Younger said Wednesday.


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