Could this market be the next to implement a foreign buyer tax?
Expect the prices of homes in Toronto to keep heading upwards through into 2015.
With so much talk of the property boom in our major cities it’s sometimes easy for those dealing mainly in the big markets to forget that elsewhere in Canada it hasn’t all been about high volumes and prices.
The sharp drop in oil prices are a concern for the energy sector and the economy as a whole but for consumers it means savings on everyday expenses as the cost of gas has fallen sharply too.
One leading mortgage broker has weighed in on the issue of investment referrals, and for him transparency is key.
FSCO has recently received a number of complaints about illegal mortgage brokering ads and, in response, it has issued an official warning.
Cyber Monday has come and gone, and while most consumers kept their bargain hunting to WalMart and Best Buy, some savvy buyers turned to real estate for the greatest deals.
Royal LePage has announced that Prudential Sussex Realty’s team of almost 300 agents has joined its network.
The Bank of Canada may have been largely positive about the economy but Stephen Poloz’ statement yesterday in which he announced that the interest rate will stay at 1 per cent also raised concern about the level of household debt.
The timescale and cost of home approvals varies widely in Metro Vancouver depending on the location.
The real estate and insurance industries should collaborate to help tackle the impact of climate change.