Market Update

• Decision day but don't expect any surprises say economists by Steve Randall

  Multiple surveys of economists point to a hold-steady from the BoC

• Calgary home sales driven by lower-priced properties by Steve Randall

  Housing inventory reduced by rising sales, fewer listings

• Canada leads North America in most liveable cities rankings by Steve Randall

  Along with Australia, Canada also dominates the global top 10

• OSFI guidance on First-Time Home Buyer Incentive mortgages by Steve Randall

  Regulator's advisory defines total requirements and complements MICAT

• First-Time Home Buyer Incentive is live, but industry is skeptical by Steve Randall

  The federal government’s flagship scheme is too narrow say critics

• Construction, real estate offices gain in latest GDP stats by Steve Randall

  Canada's gross domestic product was up overall in June

• RICS welcomes two Canadian members to Americas regional board by Steve Randall

  Eight new members were elected to the global association’s regional board

• Redfin is revealing buyers' agent commission on listings by Steve Randall

  Firm says move towards greater transparency may make buyers more cautious

• We need more cash for housing crisis, municipalities tell Ottawa by Steve Randall

  Federation of Canadian Municipalities calls on political parties for commitment

• Is cannabis the answer to sustainable construction? by Steve Randall

  Canadian builders are turning to hemp to reduce their carbon footprints