Blog
Posthaste: The way the housing market is stalling, the Bank of Canada may have to hit the brakes sooner than expected
For the first time since 2010, five-year fixed mortgage rates are all above 4% Author of the article: Pamela HeavenPublishing date: May 09, 2022Home prices have also begun to cool. PHOTO BY VICTOR J. BLUE/BLOOMBERGGood Morning! The numbers are in and, as one economist...
Bank of Canada raises key rate to 1 per cent and warns further hikes still to come
OTTAWA - The Bank of Canada has raised its key interest rate by the highest amount in more than 20 years and warns more rate hikes are coming amid new forecasts for higher inflation levels. Governor Tiff Macklem said inflation is too high and is expected to stay...
Canada to ban foreigners from buying homes as prices soar more than 50% in 2 years
Measures contained in federal budget will ban foreign homebuyers for two years, provide billions for home construction Bloomberg News Brian Platt and Ari Altstedter Apr 06, 2022Home prices in Canada have soared more than 50 per cent over the past two years. PHOTO BY...
Purplebricks rebranded as FairSquare
Purplebricks has been rebranded as FairSquare. The brand, which has its roots as a for-sale-by-owner company, has evolved into a full-service brokerage that charges a fixed fee to clients, says Pascal Laflamme, president of FairSquare Group Realty. The company’s...
Adam Zivo: Why the Conservative housing plan really is better than the others
The national housing affordability crisis has put homeownership out of reach for many Canadians, particularly younger ones. Those locked out of ownership find themselves trapped within rental markets where rising prices have made it prohibitively expensive to simply...
Hudson’s Bay site remake plan draws a yawn in Winnipeg – Western Investor
‘Bay claims it “has received interest from a number of stakeholders” for the massive heritage building, but local real estate pros are skeptical' Aug 12, 2021 1:22 PM By: Frank O'Brien, Western Investor The owner of the Hudson's Bay building, which has loomed its...
The Voice: Affordable Housing
Date: August 10, 2021 Dear Valued Member: The Winnipeg Regional Real Estate Board is excited to release our third episode of The Voice, which delves into important real estate-related topics and includes interviews with government and community leaders. Join Peter...
How a REALTOR® can help you prepare to sell your home
Selling your home is no small feat. From marketing to decluttering, and determining the best asking price, there are a number of moving parts involved when getting your property ready to hit the market. Luckily, home sellers don’t have to do it alone. While it won’t...
July’s strong sales activity continues annual record-setting pace
WINNIPEG, August 6, 2021 - Despite July sales slipping back from June 2021 and July 2020 record-setting months, year-to-date market activity is on pace to set another annual sales record for the third consecutive year. Sales of 11,797 for the first seven months are up...
A new trend in the housing market and some good news on Covid
The American Dream of home ownership may be slipping out of reach for adults coming of age in and around the Great Recession and starting families in and around the pandemic. But that dream may still be for rent.© Provided by CNNAfter spending the past weekend focused...
June market activity remains brisk with strong upward price movement
WINNIPEG, July 8, 2021 - June sales of 1,943 edged out last June’s sales of just under 1,900 by 2% and are up 14% over the 5-year average for this month. Dollar volume of $677.5 million jumped 16% over June 2020. New listings coming on to the market in June were down...
Eliminating education property taxes in manitoba
Dear Valued Member, Homeowners across Manitoba are now receiving their Manitoba Education Property Tax Rebate cheques in the mail. Your clients may ask you why the Manitoba government is providing tax rebates to homeowners. Take pride in sharing that these benefits...