Lawyer couple found in contempt of court amid evidence they stole millions from homebuyers

Lawyer couple found in contempt of court amid evidence they stole millions from homebuyers

A pair of Toronto lawyers accused of embezzling nearly $7 million from real estate clients has been found in contempt of court for failing to hand over financial records and answer questions about where the money went.  Singa Bui and her husband Nicholas Cartel face penalties that could include fines or even imprisonment, and will … Read more

These 6 Major U.S. Cities Still Have Affordable Homes

These 6 Major U.S. Cities Still Have Affordable Homes

Only six major U.S. cities have median home prices that a household making the local median income could afford. An April report from Clever Real Estate compared the income needed to afford a home in major U.S. cities to the actual income earned by the typical household. The report considered a home affordable to a … Read more

Renters tighten purse strings as prices in Alberta grow at fastest pace in 40 years

Renters tighten purse strings as prices in Alberta grow at fastest pace in 40 years

Nikkie Miranda feels stuck and frustrated, weighing what she’ll have to sacrifice when her rent increases again this winter. Three years ago, when she moved into a two-storey, three-bedroom semi-detached home in southwest Edmonton, Miranda paid $1,650 per month in rent. Her rent later increased to $1,800 and will go up again to $1,950 when … Read more