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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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LTT hike would exacerbate affordability woes: TRREB

Toronto City Council is voting today on whether or not to raise the municipal land transfer tax. Experts weigh in on the matter.

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COVID-19 causing major construction delays

COVID cases have been appearing on construction sites and causing further delays; something that can end up affecting consumers.

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Urbane mid-rise condo coming to Sudbury

Condoville is currently working with a landowner to develop The Brewer Lofts in Sudbury, a five-storey, 50-unit mid-rise building that blends new and old.

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Canada failing its immigration target: RBC

In 2020, Canada only welcomed 184,000 new permanent residents, slightly over 50% of its 341,000 target.

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January set national housing sales record: CREA

Canada’s housing market set another monthly record in January, with countrywide sales rising by 35.2% on an annual basis.

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Delinquent tenants taking advantage of eviction freeze: OLA

In certain regions, the Sherriff cannot enforce an LTB eviction unless an expedited eviction is requested. But people are taking advantage of this.

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Deposit Rocket could prove crucial in bidding wars

“Deposit Rocket allows the buyer to unlock their home equity, instantly. The guarantee stands in the place of a cash deposit until closing,” said Deposit Rocket’s CEO Don Miller.

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GTA home sales rose 50% in January

Data indicated that all major housing segments saw notable year-over-year increases in sales, totalling 6,928 for the month.

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‘Soft intensification’ touted as solution to expensive housing

Toronto's affordability continues to be a pressing issue, especially as the city grows by 150,000 people every year.

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Pathway from Hong Kong to Canada now open

The gateway has opened for 300,000 Hong Kong residents with Canadian passports; an initiative that will help drive Canada's economy forward.

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