According to the Bank of Canada Governor Tiff Macklem, the Bank is perfectly capable of reducing inflation back to its target level. “We’ll keep inflation under control,” – noted Macklem in a Sunday interview. “Our job is to make sure the prices gain we’re...

Last month, Canada’s job market kept recovering with retail businesses raising their hiring numbers. However, the growth pace has started slowing down. According to Statistics Canada, the national economy added 31,200 jobs in October. Meanwhile, economists polled by Bloomberg expected 41,600 new jobs. The...

According to BMO Financial Group chief economist Doug Porter, the national real estate market remains hot, and a further cooling would be appropriate until it transforms into a sharp and significant slowdown. Porter says the recent market slowing should be viewed through the prism...

According to the Toronto Regional Real Estate Board (TRREB), the average home price in the GTA reached a record high level in October, as competition among buyers kept growing. Last month, there were 9,783 properties sold, marking an 8% increase from September and a...

According to the recent report by Urbanation, sales of new condominiums in the GTA reached a record high level for the third-quarter, as buyers kept returning to the high-rise sector of the real estate market. The report shows that 7,773 new condo units were sold...