Bank of Canada Raises Interest Rates Due to Inflation Worries
The Bank of Canada has raised its benchmark interest rate on June 7, 2023 by a quarter-percentage point to 4.75%, the first hike since...
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ANASTASIA SITENKO
The slowdown in home construction is concerning for both buyers and Justin Trudeau.
Residential construction activity in Canada has slowed down recently due to a tight labor market and higher borrowing costs. This could...
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"Artificial Intelligence in Real Estate: The Rise of OpenN" - Good or Bad?
A new technology called Openn emerged in the realtors world, which aims to revolutionize the real estate industry. Openn is a digital...
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The housing correction may now be over
The Canadian housing market may have finally bounced back from the pandemic-induced slump, according to a recent report by RBC. The...
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Toronto's average rents, which are already at record-breaking highs, are poised to continue rising.
The current state of Toronto's rental market has seen a significant increase in average rents over the past few years. There are factors...
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Canada has now available a First Home Savings Account - What you need to know
As a potential homebuyer, knowing about the new First Home Savings Account (FHSA) in Canada is beneficial as it offers a unique...
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