By Emily Senyk RE/MAX experts lend their local market insights and expectations for the year ahead. The majority of Canadian housing markets balancing out, with 60 per cent anticipated to be balanced markets in 2023. 2023 Market Conditions BALANCED MARKET 2023 Average...
For the first time since 2010, five-year fixed mortgage rates are all above 4% Author of the article: Pamela HeavenPublishing date: May 09, 2022 Home prices have also begun to cool. PHOTO BY VICTOR J. BLUE/BLOOMBERG Good Morning! The numbers are in and, as one...
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...
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, 2022 Home prices in Canada have soared more than 50 per cent over the past two years. PHOTO BY...
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...
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...
