Share Canada’s housing boom will continue this spring as we see exceptionally low mortgage rates, and the expectation that borrowing costs will be raised, have added a sense of urgency to consumer buying. Scotiabank recently releases a global real estate trends report that predicts most Canadian regions will remain sellers’ markets for the first half [...]
Share The Canadian housing market has been hot throughout the past decade, however it will cool over the coming years as higher interest rates begin to take effect and the population ages, according to the latest report on real estate trends from Scotiabank. Meanwhile, we expect a strong housing market this spring as buyers are [...]
Share The battle lower real estate fees in Canada has gone up significantly as we see the federal Competition Bureau challenging real estate for what it seems as “anti-competitive” behaviour and restricting consumer choice. The Competition Bureau has made an application to the Competition Tribunal, which will determine if the bureau’s complaints have merit. If [...]
Share Canada’s real estate market is finding its balance; with a surge in new listings in November, it has helped ease the supply shortage and prices from a month earlier, easing fears of a bubble in the making, although the rebound in the market continued. Economists have been looking for exactly this because a stead [...]
Share Depending on where you rent, the allowable deposit will vary. In most jurisdictions, the landlord can ask for a security deposit, which is generally equal to the last month’s rent. In Ontario, landlords can only ask for a rent deposit, and they cannot use this amount to cover any damage to the premises. Whereas, [...]
