Chinese influence on Canada’s real estate market may be coming to an abrupt end due to new rules that lock their funds
Tighter federal mortgage rules cited as a major contributing factor in the apparent slowdown
One market in the Pacific province is benefiting from an influx of Albertans, and Americans, looking for residential and recreational property.
Further drops to mortgage rates are opening the door for new investors, but they’re also highlighting the pivotal role of good credit ratings
The Bank of Canada’s announcement to cut the interest rate 25 basis points to 0.5 per cent has some investors worrying about the impact on the economy once rates eventually rise.
The one province that doesn’t allow landlords to collect damage deposits, or even first and last month’s rent, is hearing a resounding call for change following a contest to bring attention to the issue.
A landlord who had his property broken into and then habituated for two months will now have to thousands of dollars to evict the unwelcomed guest.
Landlords will want to take the screening process a little more seriously after a recent case in Windsor, Ont. left a landlord on the wrong end of a raw deal.
A provincial landlord-tenant act is hurting small landlords at a time when the market needs them most, say investors concerned that the act increasingly favours renters.
A condo expert is suggesting municipal governments look at taxing developments that opt to leave parking garages out of their plans, suggesting it’s the best way to protect investor money.
The latest figures from CREA show that the rise in home sales depends on the local market.
The Bank of Canada has lowered its overnight rate to 1/2 per cent.