The Bank of Canada (BoC) announced today that it would keep the overnight rate at 1.75%. The Bank Rate is correspondingly 2% and the deposit rate is 1.5%. The BoC has maintained the current overnight rate since last October, when it was raised…

Ben Myers of Bullpen Research & Consulting was recently interviewed by Newinhomes.com about the state of Toronto’s new housing market. Ben is always interesting. And these are the sorts of things that I read in my spare time. So here’s…

Like all markets, the housing market in Ontario is driven by the laws of supply and demand. Strong demand for housing has created a persistent supply challenge that can only be solved, simply, by boosting the number of new homes being built. This…

A proposed 72-storey, mixed-use tower set to become the tallest in Niagara Falls was approved at a Council meeting in that city yesterday evening. The condominium and hotel tower at 6609 Stanley Avenue is set to rise 253.45 m high, surpassing…