The Montreal Census Metropolitan Area (CMA) recoded 3,731 residential in July, a 10% year-over-year hike and the highest level of transactional activity since the 2021 peak during the pandemic. According to the Quebec Professional Association of Real Estate Brokers...
A total of 6,100 homes were sold in July through the Toronto Regional Real Estate Board’s (TRREB) MLS, a 10.9% year-over-year increase. The latest home sales total was the strongest result for the month of July since 2021 – however, it was also slightly lower than the...
The Bank of Canada announced it was maintaining the target for the overnight rate at 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%. “While some elements of US trade policy have started to become more concrete in recent weeks, trade negotiations are...
Cutting capital gains taxes on houses, cutting millions in consulting fees, and cutting out talk about property tax hikes. From the wild and wooly world of real estate, here are our Hits and Misses for the week of July 21-25. Hit and Miss: Right Words, Wrong...
The average Canadian family spent 42.3% of its income on taxes in 2024, according to a new study published by the nonpartisan Fraser Institute. The percentage spent on taxes is greater than the 35.5% allocated to housing, food and clothing combined. Last year, the...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
