Canada's Condominium Magazine

Monthly Archives: February 2015

Canadians dominant foreign investors in US commercial real estate

Canadians dominant foreign investors in US commercial real estate

Canadians are the dominant foreign investors in US commercial real estate, followed, a bit improbably, by Norwegians. By the middle of January, Canadian pension funds had already put US$2.75 billion into American commercial real estate. If that is any indication of how 2015 is going to play out, it will be a record year: total… Continue Reading

“Creepy” caller tries to lure female realtors to late-night showings

“Creepy” caller tries to lure female realtors to late-night showings

A “creepy situation” that will no doubt make realtors everywhere cringe has developed in the US state of Virginia. It’s another reminder of why realtors need to be so careful about showing properties to strangers. A man has been calling female real estate agents all over the state, sometimes calling numerous agents in the same… Continue Reading

Other Popular Stories

Ask the Lawyer: Richard Hoffman replies to a reader concerned over a fire caused by a resident with dementia

Ask the Lawyer: Richard Hoffman replies to a reader concerned over a fire caused by a resident with dementia

By popular demand, Condo.ca, Canada’s Condominium Magazine, is pleased to bring back “Ask the Lawyer.” We invite readers to submit their condo related questions to Richard Hoffman, a lawyer with DelZotto, Zorzi LLP, practicing in the area of condominium law. Do you have a question for Richard? Please reach out to us through our contact…

Home starts in Toronto at 253,720, highest level since September 2007

Home starts in Toronto at 253,720, highest level since September 2007

Against projections of 215,000 housing starts in Canada, the actual rate for March 2017 landed at 253,720 (seasonally adjusted.) This is considerably up from projected numbers, and significantly up from 214,253 in February, as reported by the Canada Mortgage and Housing Corporation CCMHC).[1] Previous years seasonally adjusted annual rates were 197,915 for 2016 and 195,535 for 2015….

Bank is betting that Canadians are ready for a fully digital mortgage experience

Bank is betting that Canadians are ready for a fully digital mortgage experience

The president and CEO of Alterna Bank said recently, on the launch of the bank’s end-to-end digital mortgage, that the process of applying for a traditional mortgage puts buyers “through the wringer.” In the time it takes to get a mortgage in the old, non-digital way, a buyer could lose out on three or four…

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