In a recent report, BMO Economics predicted the Bank of Canada will raise their interest rates for home loans as the economy continues to become stronger.
New national data garnered by Statistics Canada has revealed that poverty rates in the major urban areas of Toronto, Vancouver and Montreal are well above national averages. The agency used income reports taken from 2009 to acquire its prospective. More positively, data also seems to indicate that mid-sized cities are improving their poverty statistics despite …
Recently, the Toronto Real Estate Board established a new policy that allows Realtors to create their own personalized listings on websites for potential homebuyers to browse in their own residences.
According to the most recent New Housing Price Index, home prices for Canada’s major metropolitan areas remained stagnant in March after experiencing a slight increase in February.
Statistics Canada says the value of building permits issued in March reached new recent highs, as construction has picked up significantly in many parts of the country, particularly Ontario.