Economy

TORONTO – The competition for Toronto homes remained intense in March as prices continued their steady rise and sales almost doubled from last year, the Toronto Regional Real Estate Board reported Tuesday.The average home price in…

OTTAWA – Bank of Canada governor Tiff Macklem says different groups of Canadians experience price increases uniquely, and that the central bank will keep that in mind as it decides on a policy framework for the next five years.For three…

OTTAWA – The Canadian economy grew 0.7 per cent in January in the face of severe public health restrictions, and appears to have grown almost as much in February, Statistics Canada said Wednesday.January's reading for real gross…

OTTAWA –The Bank of Canada says it will wind down several pandemic buying and lending programs aimed at keeping credit flowing, believing its work there is done as market conditions improve.In a speech, deputy governor Toni Gravelle…

According to a recent Royal LePage demographic survey, nearly half (48%) of Canadians aged 25 to 35 currently own their home, and 25 per cent of these homeowners purchased a property during the pandemic. Royal LePage reports, that among…

Devencore released a new Downtown Winter 2021 Office Market Report that delves into the the factors behind the leasing trend shift, the office outlook, and the cumulative effort by market stakeholders to revitalize the Downtown Montreal…

OTTAWA – The Bank of Canada kept its key interest rate on hold Wednesday even as it said it now expects the economy will grow over the first three months of this year, an about-face from its previous forecast just weeks ago that 2021 would…

Residential real estate market statistics for the Quebec City Census Metropolitan Area (CMA) for the month of February have been released by the Quebec Professional Association of Real Estate Brokers (QPAREB), based on the real estate…

The Quebec Professional Association of Real Estate Brokers (QPAREB) has released its residential real estate market statistics for the Montreal Census Metropolitan Area (CMA) for the month of February, based on the real estate brokers’…

Record home sales in the Greater Toronto Area (GTA) continued in February as buyers remained confident in their employment situations and took advantage of ultra-low borrowing costs, according to the Toronto Regional Real Estate Board…