Power-of-sale listings more than double as mortgage lenders repossess homes from over-leveraged buyers

While the impact on the overall real estate market is small, the trend is concerning on an individual level, one real estate broker said. "People's life savings are getting wiped off, their net worth just diminishing."
Categories
Recent Posts

They found their movie star chalet when they were looking to build a log house

Toronto's painful ’90s housing crash came with neon hair, wild raves and a condo collapse. At least one of those things is back

RECO registrar loses job in wake of iPro Realty scandal

IPro Realty scandal: As RECO registrar ousted, critics call for bigger change at watchdog

Vancouver tries to get a handle on its empty-building problem
Using reverse mortgages as gifts, the Home of the Week and more top real estate stories
Buyers leverage soft market in deal for two-bedroom Calgary condo
Mayne Island property with two cabins sells $24,000 under asking

Condo market collapse ignites legal battle between owners of a new lakefront development

Cinematographer’s Toronto home is modern, minimal and warm
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "