by admin | Jun 12, 2020 | Market News
Average Canadian home prices are projected to fall 10 percent from their pre-pandemic levels as high unemployment, rent declines and mortgage payment struggles caused by COVID-19?s economic impacts take their toll. The forecast from Capital Economics? Senior Canada...
by admin | Mar 8, 2020 | Market News
Canada’s housing market continued to make a material impact on the nation’s economy, according to Statistics Canada. Over the last quarter of 2019, real estate, rental, and leasing segment reported a 0.6% growth, contributing $253.87bn to the overall...
by admin | Mar 6, 2020 | Market News
It?s promising to be a super-charged winter and spring homebuying season for Toronto, as buyer demand continues to rise, pulling prices up along with it. The Toronto Region Real Estate Board (TRREB) released its robust February sales and pricing data this Wednesday....
by admin | Jan 25, 2020 | Market News
The Bank of Canada announced this week that it would leave its mortgage market-influencing key interest rate unchanged again. This development ? or lack thereof ? did not come as a surprise to economists who pay close attention to the central bank?s moves. It was,...
by admin | Dec 8, 2019 | Market News
On November 19, Ontario?s Conservative government introduced Bill 145, the Trust in Real Estate Services Act (TRESA), a proposed replacement for the province?s Real Estate and Business Brokers Act (REBBA). After passing second reading on November 25, TRESA appears to...
