According to the recent report by the Toronto Regional Real Estate Board (TRREB), home prices have reached new record level in Toronto last month even amid annual decline in sales. In February, there were 9,097 residential transactions in the area, which is 16.8% less...

If you want to know how the Russian aggression against Ukraine may influence to Canada’s real estate market, BMO Economics has an answer for you. Sal Guatieri, a senior economist and director at BMO Capital Markets, released an analysis called “Canadian Housing: Caught in...

On Friday, Mortgage Professionals Canada has released a report on the main market data and analysis. Here are some of the key findings. Rate increases expected in March It looks like the central bank will start raising its key lending rate in March. Last...

The federal government’s program developed to help first-time homebuyers still helps far fewer Canadians than it was planned, the new data from the Parliament shows. The first-time-homebuyers program, introduced on September 1, 2019, was created with a $1.25-billion budget for 3 years. It’s administered...

Although Bay Street is predicting  seven interest rates hikes from the central bank in 2022, one influential economist doesn’t share this opinion, expecting not more than three hikes. According to Bloomberg, investors are expecting the Bank of Canada to act aggressively in attempt to...