Real Estate
 

December 2, 2021

 
 
Top stories
 
Foreclosures increase as home values fall and mortgage lending tightens
 

HouseSigma.com/HouseSigma.com

  Foreclosures increase as home values fall and mortgage lending tightens
 

Shane Dingman

 
Real Estate Reporter
The Canadian dream of home ownership is usually focused on the beginning: the search for and acquisition of a house. But sometimes the dream becomes nightmare, when you lose your house and the bank or some other creditor takes it and sells it off.
 
There are signs that worst case scenario is happening more often as the Toronto-area real estate market continues to cool. It happened to Cynthia McLuckie and her husband, Brian, who had been trying to sell their custom-built Caledon dream home at 2723 Escarpment Sideroad since 2017.
 
“The market took a dive; my husband was out of work,” Ms. McLuckie said. “We tried to sell it ourselves, but we couldn’t sell it for less than what we are asking because of liens on the house.”
 
 
Full Story
 
Cold weather puts Toronto’s spring housing market on ice
 

iStockPhoto / Getty Images

  Cold weather puts Toronto’s spring housing market on ice
 

Carolyn Ireland

 
Full Story
 
B.C. mining a treasure trove of housing data with new vacancy-tax declaration form
 

Hamid Ebrahimi/iStockPhoto / Getty Images

  B.C. mining a treasure trove of housing data with new vacancy-tax declaration form
 

Kerry Gold

 
Full Story
 

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The market
 
Canadian home prices could climb 14 per cent in pandemic’s second year as low rates stoke demand, CMHC says
 

Mark Blinch/Reuters

  Canadian home prices could climb 14 per cent in pandemic’s second year as low rates stoke demand, CMHC says
 

Rachelle Younglai

 
Full Story
 
What does $700K buy across Canada? Properties priced at (or around) the national average, from coast to coast
 

Handout

  What does $700K buy across Canada? Properties priced at (or around) the national average, from coast to coast
 

Shane Dingman

 
Full Story
 
 
Toronto real estate
 
Stylish condo in Toronto’s Fashion District received 12 offers
 

Re/Max Hallmark Realty Ltd.

Stylish condo in Toronto’s Fashion District received 12 offers
 

Sydnia Yu

 
Full Story
 
Renovated industrial loading dock in Montreal is full of versatile spaces
 

Alexandre Charlebois/Alexandre Charlebois

  Renovated industrial loading dock in Montreal is full of versatile spaces
 

Shane Dingman

 
Full Story
 
 
Mortgages and rates
 
Mortgage Rundown: Little-known tricks to get a better deal when switching lenders. Plus, new all-time lows for variable rates
 

MicroStockHub/iStockPhoto / Getty Images

  Mortgage Rundown: Little-known tricks to get a better deal when switching lenders. Plus, new all-time lows for variable rates
 

Robert McLister

 
Full Story
 
How worried should recent home buyers be about their mortgage renewal in five years?
 

Courtesy of family

  How worried should recent home buyers be about their mortgage renewal in five years?
 

Rob Carrick

 
Full Story
 
 
In case you missed it
 
Home of the Week: Retirement wanderlust comes full circle with upscale Toronto loft
 

Alexander J. Rothe/Alexander J. Rothe

  Home of the Week: Retirement wanderlust comes full circle with upscale Toronto loft
 

Carolyn Ireland

 
Full Story
 
 
Portugal River Cruise
 
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Globe House price data centre
 
Explore house price data nationally and for Canada's biggest cities.
 
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About Real Estate
This weekly newsletter gives you all the news you need to keep up with the Canadian housing market, including price trends, latest closings, mortgage advice, design and architecture, and more. Visit the Real Estate section.

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