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Industry News

Manitoba signs 10-year housing deal with federal government

Manitoba signs 10-year housing deal with federal government

  • Jun 15, 2019

The signing of the agreement happens months after a Liberal MP accused the province of inaction


Canadian housing still unaffordable for millennials – study

Canadian housing still unaffordable for millennials – study

  • Jun 14, 2019

A recent study shows that younger Canadians still straddle a massive gap between home prices


JPMorgan, CIBC expect interest-rate cuts from Bank of Canada

JPMorgan, CIBC expect interest-rate cuts from Bank of Canada

  • Jun 13, 2019

Both banks forecast that BoC will cut rates despite Canada’s 43-year-low unemployment rate


Federal government to invest in women-led housing in Vancouver

Federal government to invest in women-led housing in Vancouver

  • Jun 13, 2019

The government announces a $150,000 funding contribution to kick start planning for the housing project


Fixed-mortgage rates drop to a 2-year low

Fixed-mortgage rates drop to a 2-year low

  • Jun 11, 2019

The drop in federal government bond yields this month causes mortgage rates to fall to their lowest level since 2017


Experts warn against buying recreational property first

Experts warn against buying recreational property first

  • Jun 11, 2019

Two real estate experts warn first-time homebuyers about buying a recreational property before a city home


Toronto home sales hit double-digit growth in May

Toronto home sales hit double-digit growth in May

  • Jun 07, 2019

However, TREB says that last month’s sales are still below the 10-year average


Greater Vancouver home sales remain slow in May

Greater Vancouver home sales remain slow in May

  • Jun 07, 2019

REBGV says that last month’s sales were the lowest for May in 19 years