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BMO also believes new measures on cooling Canada’s housing market may be coming

It turns out BMO Economics also believes there’s a possibility of new measures aimed at cooling down the national housing market. According to BMO Senior Economist Robert Kavcic, it may be too difficult for policymakers not to interfere, as real estate prices show double-digit...
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RBC says Canada needs to cool down the real estate market

According to Robert Hogue, an economist at RBC, the national real estate market is overheating, so it’s necessary to take measures on cooling it. “We can see an extremely strong demand combined with a restrained supply, which leads to home prices exceeding the historical...
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Should Canada introduce a capital gains tax on housing sales?

The Globe and Mail‘s recent article has caused quite controversial reactions, as it stated that Canada’s red-hot real estate market is the reason why there should be a capital gains tax on the sale of principal residences. The editorial board admits it could be the most...
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Prices for Canadian cottages may show a 15% increase in 2021

The recent report by Royal LePage shows that Canadian homebuyers keep preferring country cottages to city properties, following a work-from-home trend. As a result, the prices for recreational properties are growing faster in four key areas. According to the company’s new forecast, the aggregate...
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Many Canadians predict further home prices growth

The recent weekly poll by Nanos Research Group shows that a record number of Canadians believe housing prices will keep reaching new highs, increasing concerns that the real estate market is entering a speculative bubble. According to the survey results, 6 out of 10...
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