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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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News

Could office buildings be turned into residences?

A report from the Altus Group stated that it may be too early to tell what will happen to the office spaces once COVID-19 is behind us.

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U.S. markets offer under-the-radar investment opportunities

This investment firm is the largest provider of U.S. investment properties, but that's not all they do for clients. Here's what the founder has to say.

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Small town housing boom could be short-lived: CIBC

These economists believe that working from home won't last forever, so neither will the sales boom in cottage countries once COVID is behind us.

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Home sales spiked 49% in Western Canadian province

Many people will be surprised to hear that this province has seen a high demand in housing due to COVID.

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New purchase requests outpaced refinances in January: nesto

First-time homebuyers are still causing numbers to soar, especially in Ontario and Quebec.

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Condo investors not claiming HST rental rebates

According to Michael Sproule, principal of Sproule & Associates, more investors need to start taking advantage of the NRRPR.

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Seniors fund children's down payments with reverse mortgages

For homeowners 55+, a new trend has emerged during COVID: reverse mortgages.

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CMHC underreporting rent arrears: OLA

According to an OLA member, 50% of their small landlords had tenants who couldn't pay rent due to COVID.

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Implement opportunity zones in rural Ontario: OREA

OREA has released a new report highlighting some of the issues rural communities now face in 2021.

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Innovative housing development seeks to empower women

This female developer is creating a unique project (and first of its kind) for women in Vancouver.

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