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Canada real estate transactions: Selling prices to be made public

A recent Supreme Court decision is expected to change the face of real estate in the country. Certain information -- like the selling price -- regarding sold properties in real estate transactions in Canada will now be made public. The high court chose not to hear an appeal regarding the ruling of a lower court, which decided that the Toronto Real Estate Board (TREB) must allow certain information about homes for sale to be made public, including what a home sold for previously.

Real estate transactions: Plans for Canada's other CN Tower

Many people do not realize that there are actually two CN Towers in Canada. The other is in Edmonton, Alberta and when it comes to real estate transactions, the 27-storey building in the city's downtown core, which CN vacated in 2008, is set to get a new lease on life. The new owner is turning the building into an office complex and has already updated the elevator, mechanical and building security systems.

Alberta real estate transactions: Land transfer tax positives

Alberta seems to be one of Canada's favourite spots in which to settle down. One of the reasons for Alberta's popularity in terms of real estate transactions has to do with land transfer taxes. Most buyers tend to overlook land transfer taxes, but many are becoming more aware of the hidden costs of real estate.

Real estate transactions: AIMCo buys Edmonton Tower

Edmonton Tower has been sold to an investment management company. In one of many real estate transactions in Alberta, the particulars of the deal haven't been disclosed. The first phase of 27-storey, LEED-Gold office tower in Edmonton's ICE district has more than $2 billion of assets invested, and a similar amount is set for Phase Two. This particular area in downtown Edmonton has been earmarked for mixed use, sports and entertainment.

Real estate transactions: Lethbridge leading in industrial sales

Lethbridge is on the move. The Alberta city is having a particularly good year when it comes to industrial-related real estate transactions. In fact, it has been touted as an industrial real estate hot spot.  The second largest city in southern Alberta -- Calgary is the first -- is Agriculture and Agri-Food Canada's home. It is the largest agricultural research facility in the country.

Real estate transactions: Lots still empty along Elbow River

It has been five years since much of Calgary saw horrendous flooding. There are some areas along the Elbow River with signage telling people to stay off the land that is owned by the province. Those six lots in that particular area are among dozens of real estate transactions since Alberta bought these properties for its floodway relocation program.

Things to know about real estate transactions in 2018

There's always a lot going on in the world of wheeling and dealing real estate. In Alberta, real estate transactions are indeed healthy as they are for most places in Canada with more local deals than ever. These transactions are different depending upon what has happened recently in their markets. For instance, deals in markets that have been hotter like Toronto and Vancouver are different from deals going down in recovering markets like those in Alberta.

Real estate transactions: Alberta city hopes to lure buyers back

British Columbia has seen its share of real estate deals from Wild Rose Country residents. But if Canmore has any say in the matter, more Alberta residents will stay in their home province to ink real estate transactions. With B.C.'s speculation tax that penalizes nonresident buyers, Albertans may look to their own province to purchase seasonal real estate. The resort town may look more appealing than ever.

Real estate transactions: Coffee company buzz about pot lounges

A prominent Canadian company is looking at setting up cannabis lounges in its western outlets. These potential real estate transactions in Alberta give a new meaning to having a mellow cup of Joe. The company hopes to team up with National Access Cannabis Corp. (NAC) to roll out the plan where it's legal to do so. NAC has basically been focusing on the medical marijuana industry so far, but this would give it an inroad to the retail market.

Walkable housing gaining speed in real estate transactions

Many people are beginning to become more energy conscious and it's actually showing up in where they're choosing to live. Walkable real estate transactions in Alberta are on the rise. It seems some homeowners don't want to take their vehicles to work and choose to walk to their jobs. Another thing prospective homeowners are looking for is closeness to various shops and venues -- for the very same reason. They don't want to drive.

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