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Industry News

Many millennials don’t fully understand homeownership costs

Many millennials don’t fully understand homeownership costs

  • Nov 02, 2019

A new survey shows that 38% know very little or nothing about average commission rates when buying and selling a home


Bank of Canada maintains neutral stance on key interest rate

Bank of Canada maintains neutral stance on key interest rate

  • Nov 01, 2019

The BoC keeps its current 1.75% policy rate unchanged for the seventh time this year


Kitchener approves rules on adding granny flats, tiny homes

Kitchener approves rules on adding granny flats, tiny homes

  • Nov 01, 2019

The changes to a residential bylaw would allow up to three residential units per property starting next year


Winnipeg non-profit group unveils 5-year homelessness plan

Winnipeg non-profit group unveils 5-year homelessness plan

  • Oct 31, 2019

End Homelessness Winnipeg ‘s plan includes helping more than 1,500 homeless people find permanent housing in the city


Most non-bank mortgages uninsured – StatCan

Most non-bank mortgages uninsured – StatCan

  • Oct 30, 2019

Despite that, the average value of uninsured mortgages is still lower than that of insured mortgages


Economists see less chance of BoC cutting interest rates

Economists see less chance of BoC cutting interest rates

  • Oct 30, 2019

Most economists surveyed by Reuters expect the central bank to keep rates on hold in its last two meetings this year


New-home sales continue upward trend in Toronto region

New-home sales continue upward trend in Toronto region

  • Oct 29, 2019

The home-building industry reports 73% more sales in September than the year-ago level


BC judge rejects class-action suit against foreign buyers’ tax

BC judge rejects class-action suit against foreign buyers’ tax

  • Oct 29, 2019

Justice Gregory Bowden dismisses a Chinese woman’s claim that the tax is discriminatory