Canadian GDP is expected to grow by 2% in 2017, followed by a slightly firmer 2.1% in 2018, reveals an economics outlook report by RBC. Ontario is expected to lead the way for the first time since 2000, with a growth rate of 2.5%. Two of Canada’s oil-producing provinces, Alberta and Saskatchewan, will swing back […]
Anything from an entry-level home to a luxury abode, depending on location.
If your client is looking for a new home in the Greater Toronto Area (GTA), she might be out of luck. And if she does find a property that meets her criteria, she should prepare herself for sticker shock — even by Toronto standards. That’s because the number of new homes available across the GTA […]
And a look at how the property markets are reacting to the U.S. political climate.
CMHC is increasing its homeowner mortgage loan insurance premiums, effective March 17, 2017.
High-risk and suspected fraudulent mortgage activity is on the rise, says Equifax Canada.
Is the threat of higher rates bad for REITs? Not if those rates signal improved economic growth, says Timbercreek Asset Management in its latest report. In fact, REITs are poised to deliver 8.5% to 10.5% total returns in 2017, reveals the report. “We believe a rising interest rate environment signals a brighter economic outlook and […]
Mortgage rates remain low in the U.S. by historical standards but they've risen sharply over the past couple of months.
Builders pulled back on constructing homes in November, after ground breakings surged in October to the strongest pace in more than nine years.
Property assessment values for 2017 will reflect what has been happening around BC Assessment's uniform valuation date of July 1st.