Market Update

• There's a large spike in Canadians choosing FRMs this year by Steve Randall

  The number of Canadians opting for fixed-rate mortgages has seen a substantial rise since the start of 2018 according to a new report

• BoC will hold rates until late 2018 says BCREA by Steve Randall

  The Bank of Canada's decision not to hike interest rates in March will likely continue for much of this year

• Almost every Vancouverite met empty homes tax deadline by Steve Randall

  For homeowners in Vancouver, March 5 was the deadline for filing their Empty Homes Tax declaration – and most did it on time

• Stress test effect is showing nationwide says RBC by Steve Randall

  The impact of the tightened mortgage rules introduced at the start of the year appears to be rising

• Housing affordability concerns more women in BC than nationally by Steve Randall

  Women in British Columbia are stressed about their finances and housing affordability is a big part of that worry

• Spring market looking strong for Edmonton by Steve Randall

  Spring market looking strong for Edmonton

• BMO now has major banks' longest rate guarantee by Steve Randall

  BMO Bank of Montreal has extended its guaranteed rate period for mortgages to 120 days, ahead of today's interest rate decision

• RBC CEO to foreign buyers: Don't use "Canadian real estate as a "piggy bank" by Steve Randall

  The chief executive of RBC hit out at foreign investors who use Canadian real estate as a "piggy bank" for their capital

• Industrial leads the gains for Toronto's commercial sector by Steve Randall

  Commercial leasing in the GTA was driven by industrial units which accounted for 85% of February's activity

• Buyers want homes, so do sales agents by Steve Randall

  Real estate agents in Ottawa are desperate for more homes to sell as tight inventory dampened last month's sales figures