Toronto rental rates fastest growing in Canada Toronto's rental housing market is downright scary right now, and there are few signs that affordability will improve in the near future. After significant price gains over the last two months,…

We have a quick mortgage update for you. As you may have heard, CMHC (Canada Mortgage and Housing Corporation) just announced it will be increasing its homeowner mortgage loan insurance premiums effective March 17, 2017. When we heard about…

The Bank of Canada is holding its benchmark interest rate at 0.5 per cent as economic conditions move along largely in line with its expectations. In making the scheduled announcement, the central bank says while the global economy has strengthened,…

Average price by percentage increase: January to June 2016

While there is no consensus on whether the 15 per cent tax on foreign home purchases in Metro Vancouver will cool any of the heat in the market, there could be a consequence elsewhere. Some analysts are suggesting that rather than pay the…