Buyers of Vacation Properties in Canada Hesitate

Posthaste: Canada home prices are heading into correction territory

A home price correction is taking place in Canada, especially in the country's most expensive markets, say real estate watchers.

Buyers of vacation properties in Canada hesitate

A Re/Max Canada report suggest there are fewer purchases of vacation properties in Canada as buyers follow a wait-and-see approach.

Stakeholders call for clearer laws to safeguard commercial property buyers

Consumers and industry stakeholders have voiced strong support for the proposed Real Property Development Act (RPDA), urging the government to clearly define mixed developments and extend legal safeguards to protect buyers of commercial properties like Soho, Sofo, and Sovo. Currently, these types of developments fall outside the scope of the Housing Development Act (HDA), leaving buyers exposed to risks such as abandoned projects and unfair trea…