Housing Market
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Canada’s ‘sluggish’ housing market could be recovering. Here’s whyThe aggregate price of a home in Canada, compared with this time last year, increased 1.6 per cent to $815,500 in the third quarter of 2024.CanadaOct 10
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Canada’s condo supply is surging — and it’s not just in TorontoRe/Max Canada said in its national condo outlook released Wednesday that listings in this segment of the market have 'soared' in recent months, opening a door to first-time buyers.MoneyOct 9
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Saskatchewan housing sales soar while inventory plummetsThe Saskatchewan Realtors Association says sales and demand are strong in the province's housing market, despite inventory levels being a major concern.CanadaOct 4
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High borrowing costs, record condo completions lead to oversupply in Toronto areaGTA real estate watchers say the combination of high interest rates and an uptick in new condo units coming online has led to an oversupply that will take time to balance out.CanadaSep 11
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Homebuying outranks wedding planning for Canadian youth, RBC survey saysMany Canadian youth are prioritizing saving for a home over other expenses and milestones like travelling or getting married, a new RBC survey shows.MoneyAug 21
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Bank of Canada is now less concerned rate cuts will drive up home pricesThe Bank of Canada's governing council indicated in deliberations from the July 24 meeting that it was less worried about home prices spiking as the benchmark interest rate falls.EconomyAug 7
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How will the Bank of Canada rate cut affect your mortgage?The Bank of Canada delivered a second interest rate cut on Wednesday. Here's how that's impacting mortgages and how homeowners should be thinking about their renewals.MoneyJul 25
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Can a single rate cut make waves in Canada’s housing market? What to knowThe Bank of Canada's 25-basis-point rate cut might have a 'marginal' impact on affordability, but it's the 'psychological' impact on the housing market that experts are watching.MoneyJun 6
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A rate cut is in the cards. Here’s what might hold the Bank of Canada backThe Bank of Canada is gearing up for a hotly anticipated interest rate decision on Wednesday. While data suggests a cut is in the cards, some economists have their doubts.MoneyJun 4
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Are home inspection conditions back in the cards? What buyers should knowWeighing whether to add an inspection condition to your offer? Here's what to expect from the process, and how it could impact one of the biggest financial decisions of your life.MoneyMay 18
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