The latest statistics from the Canadian Real Estate Association are stark but they should not be surprising. April sales hit a 36-year low, down nearly 57% from a month earlier and down almost 58% year-over-year. As with March, though, average…

It has finally happened.  After seven years of hints, hopes, cajoling, warnings – even threats – the Bank of Canada has raised its overnight interest rate. The trendsetting rate climbed a quarter-point and now sits at 0.75%. Many market watchers…

May 29, 2017, 13:23 PM by Natalia Przech The Bank of Canada has decided to continue its 3-ball juggling act, leaving its benchmark interest rate unchanged for the 15th consecutive setting.  Actually, the Bank seems to be juggling 2 balls and…

Canada’s priciest real estate market has found its way onto another top-10 list. Vancouver ranks as the third least-affordable city in the world according to Demographia. (www.demographia.com) Hong Kong and Sydney came in at one and two. Toronto did not…

While market watchers focused on the housing frenzies in Toronto and Vancouver, or waited for the collapse in Alberta, Montreal real estate quietly had its best year since 2010. Montreal saw housing sales climb 5% in 2015 with prices rising…