Canada’s housing market will return to ‘balance’ in 2023, Re/Max forecasts
Posted on Dec 02, 2022
Article created and published by Craig Lord, Global News CA.
After the “frenzy” of 2021 and a “big peak and valley” in 2022, the president of Re/Max Canada tells Global News that next year could see “balance” return to the national housing market.
But Christopher Alexander says how high the Bank of Canada drives interest rates, and when it pauses or...
October 2022: How Much Income Do You Need to Afford a Home in Canada?
Posted on Nov 29, 2022
Article created and published by Jon Jilani, Rate Hub CA.
According to data compiled by Ratehub.ca, homes across the country are becoming more affordable. We calculated the minimum annual income required to buy a home in Canada's major cities based on October 2022 real estate data. The report, seen below, illustrates how changing mortgage rates, str...
One chart shows how unprecedented Vancouver’s real estate situation is
Posted on Nov 25, 2022
Article created and published by Justin McElroy, Global News CA.
There are plenty of studies, anecdotes and reports into just how unaffordable Vancouver’s real estate market has gotten recently.
But the most obvious example of Vancouver’s spiraling real estate prices might just come from a monthly report that has existed for 39 years.
The Real Estate...
North Vancouver just became Canada's most expensive city to rent
Posted on Nov 18, 2022
Article created and published by Sarah Anderson, Daily Hive.
In a post-pandemic world, Vancouver has been the most expensive city in Canada for some time, commanding higher rental prices than even Toronto. But now, a new city has taken the lead – and it’s right across the harbour.
According to the latest rent report from liv.rent, North Vancouver is...
5 Easy Ways to Make your Home More Eco-Friendly
Posted on Nov 15, 2022
These days, people are more environmentally conscious. When it comes to their homes, that often starts with being more thoughtful about heating and cooling so they’re consuming less energy. With that in mind, here are some tips for making your home more eco-friendly:
1. Install a smart thermostat. Modern thermostats come with various features that h...
Ottawa reveals plan to welcome 500,000 immigrants per year by 2025
Posted on Nov 11, 2022
Article created and published by The Canadian Press.
Plan to boost immigration comes as country faces labour shortage.
The federal government is planning a massive increase in the number of immigrants entering Canada, with a goal of bringing in 500,000 people in 2025.
Immigration Minister Sean Fraser revealed the new targets Tuesday, saying the move i...