An unusual real estate buying activity has led Canada to the lowest number of properties for sale in at least 25 years. According to the recent report by the Canadian Real Estate Association (CREA), there were only about 86,000 houses left for sale at...

According to Royal LePage, rate hikes this year will not help in slowing today’s sharp home prices growth. “Although rate increases tend to slow house prices gains, higher borrowing costs will be coming off historical lows and the hikes may not be enough to...

As you know, the federal government is considering reforms concerning investment properties trying to restrain a significant home prices growth. In a mandate letter sent from the Prime Minister in December, Housing Minister Ahmed Hussen was strictly ordered to “review the down payment requirements...

During a recent interview, RBC CEO David McKay said the Bank of Canada has to take “rapid action” with several interest rate hikes in order to restrain inflation. In McKay’s opinion, the current acceleration of inflation isn’t transitory. He points to certain signs of...

The recent survey by Bloomberg and Nanos Research shows that Canadians’ sentiments in terms of real estate and the economy keep changing amid the risk of a more contagious COVID-19 variant. The week ending on January 7 saw the Bloomberg-Nanos Canadian Confidence Index falling...