Market Update

  • BC property taxes set to soar by Steve Randall

    Home prices in some British Columbia markets may be easing but property taxes are rising and for some homeowners it will be a sharp hike

  • $420 more for food in 2017 says study by Steve Randall

    Food inflation will add $420 to the annual expenses of typical Canadian households, researchers at Dalhousie University in Halifax estimate

  • ULI welcomes BC commitment on affordable rental units by Steve Randall

    A $500 million pledge by the British Columbia government to fund 2,900 rental units has been welcomed by the Urban Land Institute but it says that all levels of government must share responsibility for zoning issues

  • Alberta’s best homebuilders honoured by Steve Randall

    The building industry has been awarding its stars at the annual conference of the Canadian Home Builders’ Association – Alberta held recently at Fairmount Jasper Park Lodge

  • Low interest rates are here to stay says Poloz by Steve Randall

    The governor of the Bank of Canada has warned Canadians that low interest rates are here for the long term, affecting retirement plans and business investment

  • Foreign buyer tax faces lawsuit by Steve Randall

    The 15 per cent tax on foreign buyers of Vancouver homes looks set to head to the courts. Chinese student Jing Li has filed a lawsuit challenging the tax, which has added $84,000 to the cost of the Vancouver townhome she is buying

  • Windsor-Essex County home sales remain strong by Steve Randall

    Home sales in Windsor-Essex County remained strong in August with market activity up more than 9 per cent compared to a year earlier and year-to-date sales up 13.11 per cent

  • CIBC economist says Ontario will have to tax foreign buyers by Steve Randall

    Ontario will have to follow BC in taxing foreign home buyers in order to cool the Greater Toronto Area housing market according to CIBC economist Benjamin Tal

Poll

Have your investment plans changed for 2017?