Canada
Vancouver city hall drive to boost rental stock needs help from federal governmentDON CAYO THE VANCOUVER SUN 07/17/2009 | Calgary's industrial real estate regaining affordabilityMARIO TONEGUZZI CALGARY HERALD 07/17/2009 |
 The new Vancouver city council’s first foray into rental issues turned out to be as ineffective as it was ill-advised. |  CALGARY - Calgary’s industrial real estate market is regaining affordability for tenants and purchasers as values have been steadily declining since the beginning of 2009, says a report by Inducor Real Estate Solutions. |
Buying into real estate paradise? Do your due diligenceFIONA ANDERSON THE VANCOUVER SUN 07/17/2009 | Average house prices riseTONY WONG The Star 07/16/2009 |
 With the recession hitting the United States worse than Canada, and the Canadian dollar still strong, this may be a great time for Canadians to buy that sunny, tranquil getaway in the U.S. or further south. But to make sure it is tranquil, do your due diligence, just like you would at home. |  John Cocomile can't seem to walk a few steps before his BlackBerry starts to buzz. It's another client trying to close on a home purchase. |
Canada June Home Sales Rise 8.7%, Realtor Group Says (Update2)Theophilos Argitis Bloomberg 07/15/2009 | Canadian housing sales surge in June CTV News 07/14/2009 |
 July 14 (Bloomberg) -- Canadian sales of existing homes rose for a fifth month in June, adding to evidence that record low borrowing costs are fueling housing demand. |  Canadian housing sales have surged in the early summer, suggesting that the national real estate market may be on the mend, says a new report from RE/MAX. |
New Canadians are driving force in real estate, says report CBC News 07/10/2009 | Canada's Housing Market On The Road To A Slow Recovery Property Wire 07/09/2009 |
 Canadian immigrants are narrowing the homeownership gap with their Canadian-born counterparts, according to a new report Thursday by Scotia Economics. |  Canada's real estate market has held up better than their US neighbors, and more data suggests that they are already on the road to recovery. In May, year-over-year resale prices increased for the first time in a year and fear in the market seems to be waning. For more, see the following article from Property Wire. |
CORRECTED - Royal LePage sees stable Canada home prices, salesKa Yan Ng Reuters 07/09/2009 | Slow recovery underway in Canadian residential property market Property Wire 07/08/2009 |
 TORONTO, July 7 (Reuters) - Canada's housing market has bounced back sufficiently from an "awful winter" for prices and unit sales to stabilize by the end of the year, one of the country's leading real estate companies said on Tuesday. |  The residential property market in Canada is showing signs of recovery but analysts are warning that it will be slow. |
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