GO Back Facebook Twitter LinkedIn Email The recent influx of sellers into Canada’s housing market, as indicated by increased new listings in May, is a positive development, according to the Royal Bank of Canada (RBC). However, RBC’s assistant chief economist, Robert Hogue, believes that it might not be enough to balance the market, which is…
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Bank of Canada Rate Hike Puts Pressure on Housing Market Rebound
Canada’s housing market, which was in the midst of a rebound, has received a setback due to the Bank of Canada’s decision to raise interest rates.
The Impact of Inflation on Canadian Real Estate Investments
Inflation plays a significant role in the Canadian real estate market, affecting both investors and homeowners.
Understanding the Impact of Bank of Canada’s Rate Hike on Mortgage Owners
The unexpected decision by the Bank of Canada to raise interest rates is predicted to result in higher mortgage costs for homeowners, according to experts.
Nova Scotia Tops Out-of-Province Real Estate Investors List
According to a recent report by Statistics Canada, British Columbia, Nova Scotia, and New Brunswick have the highest proportions of out-of-province and non-resident investors in residential real estate across the country.
Toronto Condo Investors Struggle with Negative Cash Flow as Interest Rates Rise
According to a report by Urbanation and CIBC Capital Markets, Toronto’s condo investment market is experiencing a significant transition as rising interest rates result in negative cash flow for the majority of investors.
Comparing Property Tax Rates in GTA Cities Can Help Homebuyers Make Informed Decisions
When considering a property purchase in the Greater Toronto Area (GTA) and keeping your options open regarding which city to reside in, it is important to consider how property taxes will affect your budget.
Desirable Features in Canadian Homes: Suburban Living and Contemporary Designs
According to a survey by Zolo, a well-known Canadian real estate platform, Canadian buyers have a strong preference for detached suburban properties despite rising prices.
Scotiabank Urges Bank of Canada to Increase Rates for Real Estate Stability
Scotiabank, one of Canada’s major banks, has raised concerns about the soaring Canadian real estate market, emphasizing the need for the Bank of Canada (BoC) to promptly raise interest rates.
Ontario and BC Prices Decline, Atlantic Canada Sees Growth
Province-by-province, the Canadian housing market continues to demonstrate dynamic price movements.