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Bank of Canada responds to weak Q2 economy—holding policy steady

The Bank is maintaining its extraordinary forward guidance on the path for the overnight rate, estimating the first rate hike in the second half of 2022.

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Home prices will flatten in 2022: RBC

The winter buying frenzy in Canada’s housing market has given way to a restrained pace of sales that will culminate in prices flattening early next year, says a report from RBC Economics.

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Are cash offers for your home risky?

Homeowners should beware of buyers soliciting them with cash offers, says the president of Right at Home Realty. It can be problematic for all-too-trusting homeowners and here's why.

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Wills, power of attorney documents protect home investments

The Toronto-based company offers a service that enables clients to create their own will and power of attorney documents online.

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Mississauga Food Bank sees demand for services rise 60%

The Mississauga Food Bank has had a 60% increase in people using its services since the pandemic began a year ago compared to the previous 12 months.

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Boutique mid-rise comes to Ontario’s wine country

"We’re finding a lot of couples are buying because they’re passing our site on their way to wineries and they say to themselves, ‘Oh my God, we can live here now.’"

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Canada sets sales record in February: CREA

According to the CREA data, new listings rose by 15.7% last month from January, and the sales-to-new-listings ratio is so high that everything available is selling.

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Roaring Canadian jobs market signals economic rebound

Statistics Canada released the February 2021 Labour Force Survey showing much stronger-than-expected job growth. Economists were pleasantly surprised by the rapid rebound.

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Markham readies for first condo launch in nearly a year

Joy Station Condos by Liberty Development is planning its first phase composed of two 22-storey towers containing over 500 units.

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Is 905 region in a housing bubble?

The word “bubble” has crept back into housing analysts’ vernacular lately, and looking at the 905 region, it’s not difficult to understand why.

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Federal government accused of worsening wealth inequality

"Everyone says low rates help people through lower payments. It’s beneficial for entrants when the mortgage rate is 1.5%, but prices rise incrementally to offset low rates."

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Bank of Canada holds policy rate at 0.25% and maintains QE program at current pace

Q4 growth came in at a surprisingly strong 9.6% annual rate—double the pace expected by the Bank.

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Montreal’s condo market remained hot in February

“Condominium sales compensated for the decrease in single-family home sales in February," Charles Brant, director of market analysis at the QPAREB, said.

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