Overnight lending rate falls to 4.25% as Bank of Canada makes third consecutive cut September 4, 2024 Canada’s central bank has made a third cut to its overnight lending rate this year, lowering borrowing costs for existing and aspiring homebuyers yet again. In its scheduled September 2024 announcement, the Bank of Canada dropped the target […]
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Despite affordability challenges, a quarter of Canadian renters plan to get a foot on the property ladder in the next two years 27% of renters say they are planning to buy a property within the next two years Among those who expect to continue renting, insufficient income noted as greatest hurdle to home ownership amid […]
Royal LePage lowers 2022 national home price forecast to 5% to reflect softening markets in Ontario and B.C. Second quarter records first quarter-over-quarter national decline since Q1 2019 Second quarter highlights: National aggregate home price increases 12.1% year-over-year in second quarter of 2022; decreases 4.9% quarter-over-quarter. Royal LePage reduces national home price forecast to +5.0% […]
Are you in the market for a new home? Before you start attending showings, there are several things you can do to prepare yourself and your family for one of the largest purchases you will ever make. With housing stock at historic lows and tight competition among buyers, you may be able to give yourself […]
Highlights: 93% of survey respondents in British Columbia said they would advise their clients to sell this winter, rather than wait until spring; the highest in the country, followed by Quebec (87%) Nationally, 82% of those who would recommend selling this winter said the main reason is a lack of housing supply coupled with high […]
FREEHOLD END UNIT TOWNHOUSE. You won’t want to miss this immaculate move-in-ready townhouse in Kitchener’s Huron Park/Wildflower neighbourhood. Approaching the home you will appreciate the curb appeal and welcoming front porch. Upon entering the home you will find a large entranceway/hallway with a separate entrance to the large single car garage. Moving upstairs you will […]