Ontario’s new housing policy doesn’t address the major underlying issue in the market, according to president of one industry association
Brokers now know what the near future holds for rates -- following the Bank of Canada’s decision to hold its overnight rate at ¾ per cent – but what can they expect in the longer-term? Several big bank economists weigh in.
Condo price growth appears to defy a spike in the supply of those units, sparking questions about how much longer brokers can expect strong sales to continue.
Home sales for the first 14 days of April have increased in the Greater Toronto Area but new listings remain low.
While Alberta’s economic concerns over the oil industry continue it seems that the situation is good news for neighbours in British Columbia.
A report from Re/Max shows that first-quarter home prices in Toronto and Vancouver increased sharply.
Edmonton’s housing market showcases strong growth amid uncertainties in its energy sector, a study by Royal LePage has revealed.
If the answer is “yes,” shouldn’t their compensation model be the same. A number of industry players think so.
Brokers may be disappointed that the BoC refrained from moving its key rate lower, but the decision may speak volumes about the market’s health or lack thereof.
Rental prices have dropped in one major market and while some may spin it as a move to more affordability, the type of home driving that decrease must be considered.
In the Bank of Canada’s economic outlook on Wednesday it reiterated its concern about the housing market, saying that it still expected a soft landing for most regions.