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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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How to get listings in this super hot market

Craig Proctor, top Canadian real estate agent and coach, offers advice on how to dominate during these crazy real estate times. Join his Millionaire Agent-Maker SuperConference March 19-21.

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Fixed-rate mortgages have gone up, but it doesn’t matter

News of a fixed rate increase might inspire consumers driven by fear of being priced out of the market in Canada.

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Post-COVID return to the office depends on where you live

Even before COVID-19 moved us all to work from home, reevaluations of office space were already underway, but not nearly to the extent they are now.

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Millions in delayed closing compensation left unclaimed

This consultant and real estate investor said that a third of new construction properties built every year in Ontario have legitimate claims for reimbursement, but they aren't taken advantage of.

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Tight market supply for Metro Winnipeg continues into 2021

The average price of a detached home in the Winnipeg region was $352,185 last month, while the average attached home was $277,109, and condominiums were $224,338.

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Millennials, armed with savings, are buying homes in droves

Millennials are benefiting from a confluence of factors, like low rates and minimal competition in the starter home segment, that have made homeownership less prohibitive.

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Western Canadian commercial markets slated for strong 2021

A report from RE/MAX and CBRE noted that institutional investors and private equity were present in nearly every market last year in Western Canada.

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Despite pandemic, Canadians spending extravagantly on homes

“Buying activity for higher-end homes has picked up from where it was a year ago, and now it’s working its way right down the scale," says mortgage broker Robert Mogensen.

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Upgraded building infrastructure slashes maintenance fees

Maintenance fees rise for reasons ranging from property taxes to a condominium’s location, but older building infrastructure is also a major contributor to escalating costs.

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Low interest rates, favourable exchange turn U.S. into hotspot

Canadian real estate investors are headed to U.S. hotspots, like Florida, that offer great returns and affordable prices.

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