Cities

OTTAWA – The cost of nearly everything at the grocery store continued to climb higher to help push the annual inflation rate to a fresh three-decade high in April and economists warn prices could continue to heat up.Statistics …

Increasing mortgage rates slowed home sales in April from the frenzied pace they started the year at, the Canadian Real Estate Association said Monday.The association found the number of homes sold dropped by 25.7 per cent to 54,894…

According to the fourth annual Rentals.ca Rental Market Predictions Report, despite the enactment of housing programs and policies at federal, provincial and municipal levels, rents in many Canadian cities will continue to rise in 2022.…

MONTREAL – Inflation is at a multi-decade high, but the situation is different than the 1970s when high inflation was combined with high levels of joblessness and slow or recessionary economic growth, a senior Bank of Canada official said…

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,232 in April 2022, a 34.1 per cent decrease from the 4,908 sales recorded in April 2021, and a 25.6 per cent decrease from the…

Vancouver is raising the empty homes tax that is designed to ease vacancy rates in the city, from three per cent to five per cent of the property's value.The motion by Mayor Kennedy Stewart to hike the tax in 2023 received unanimous…

VANCOUVER — Demand for housing in British Columbia still far outstrips supply, experts say, even as the latest census figures show growth in the number of homes was higher than the increase in population countrywide.Statistics Canada…

OTTAWA – Canada's inflation rate hit 6.7 per cent last month, the fastest annual increase in more than three decades as Russia's attack on Ukraine pushed up oil prices and a pandemic-related supply chain crunch dragged on.The March…

OTTAWA — Home sales in Canada fell in March, while prices were up 11.2 per cent compared with a year earlier, Canadian Real Estate Association said Tuesday.The association said home sales in March were down 16.3 per cent compared with…