Some economists believe that Canada’s latest GDP results increase the odds of more rate gains from the central bank, although it may prefer waiting for more data before acting again. According to Statistics Canada, the country’s economy showed an annual growth of 3.1% in the...

It turns out that 2022 was the first year when more than half of investors in newly-completed GTA condos were losing money on their rental homes. According to the latest report by CIBC and Urbanation, this tendency can continue. The report says 48% of...

We are sacrificing our vacations, going out less often, taking on a second job or returning to work although we didn’t plan to do it. We are cutting back on such essentials as food and clothing. As debts grow, many Canadians are already feeling...

According to a recent survey conducted by Royal LePage, more than a quarter of Canadians want to purchase an investment property within the next five years. However, high interest rates have made some property investors think about whether it’s a good idea not to...

The national real estate market is facing another wave of buying madness following one of the sharpest housing price drops in Canadian history. Now, homes in Toronto are selling the day they enter the market. In Vancouver, lines for open houses are blocks long....