The cost of borrowing has become a little more expensive after the Bank of Canada raised its key lending rate to 0.5 from 0.25 per cent. The decision comes after months of speculation and plenty...
Coming off a year that produced record-breaking sales activity, Canada’s housing market is scorching hot, coupling exorbitantly high demand with historically low inventory. According to a recent report by RBC, approximately 667,000 home transactions were completed...
Capping off 2021, the Canadian housing market reported record-low levels of home supply in December according to the latest national market report from the Canadian Real Estate Association (CREA). By contrast, home sales remained historically high last...