News

1 May 2019

Weak economic growth could make the Bank of Canada forget about rate hikes in 2019 The new report concerning Canada’s economic performance has both good and bad news for the national real estate market. As the economic growth slowed down in February to only 0.1% after...
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30 April 2019

Eliminating mortgage stress test may push home prices up by $32,000, according to TD Toronto-Dominion Bank insists that the Canadian government should review its new mortgage rules, as their influence turned out to be more significant than initially planned. According to TD economists Rishi Sondhi, Ksenia...
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29 April 2019

New single-family homes are becoming more attractive In March 2018, there were 295 new single-family homes sold in the Greater Toronto Area. Last month the number rose up to 886 sales. Such an increase in single-family home sales is one of the positive signs, according to...
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26 April 2019

RBC says millennials still prefer big cities While we often hear about people being pushed out of the largest Canadian cities by high home prices and growing rents, the recent report by RBC shows more young...
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24 April 2019

Bank of Canada holds rate unchanged, Stephen Poloz did not rule out the chance of a rate cut On Wednesday, the central bank kept its key lending rate unchanged and didn’t mention the previously noted plans for future increases. As a result, the markets believe...
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