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Canada’s housing market is splitting in two

Canada’s housing market is splitting in two

Canada’s housing market is on the mend, but not in lockstep. Home resales are climbing nationwide, yet price trends continue to split along regional lines.  National resales rose for the third consecutive month in June. However, overall, prices remained lower, with...
A legacy measured in more than sales: Harvey Kalles

A legacy measured in more than sales: Harvey Kalles

More than just the name behind a revered Toronto brokerage, Harvey Kalles was a compass for the industry — a steady, thoughtful leader whose influence transcended the business he built. Kalles, founder of Harvey Kalles Real Estate Ltd., died on July 9 at age 98. In...
Why Canada’s condo market is unraveling

Why Canada’s condo market is unraveling

After a wave of rapid expansion, Canada’s condominium market is facing a dramatic reversal, as a glut of unsold inventory and a sharp retreat by investors have triggered a sector-wide slowdown. A report from the Canada Mortgage and Housing Corporation in June found...