Canada easing mortgage terms for first-time new homebuyers

Changes set to take effect Aug. 1 are part of an ambitious plan to boost housing construction by 2 million and help renters save up for a down payment. Continue reading

Canada’s version of the bombshell commission lawsuit gets serious

A judge struck down claims that defendants conspired to “fix,” “maintain” and “increase” prices for buyer brokerage services, but allowed claims they sought to “control” prices to proceed. Continue reading

National Association of Realtors’ Canadian twin is betting big on tech

The Canadian Real Estate Association, which owns and controls Canada’s most popular listing site, is spinning off into a tech company. Ex-CREA Chair Cliff Stevenson shared what’s in store. Continue reading

Want to buy a home in Canada? You’ll likely have to be Canadian

As of Jan. 1, homes in Canada can only be purchased by the nation’s citizens and a few other groups after a new law went into effect. The step’s a campaign promise of Prime Minister Justin Trudeau. Continue reading

Canada’s Trudeau proposes ban on foreign homebuyers

The proposal comes about a month before Canada’s next election and as the country continues to deal with the fallout of the coronavirus pandemic. Continue reading