homeowners

OTTAWA – Canada faces its own set of economic challenges and its central bank is setting interest rates accordingly, Carolyn Rogers said as the Bank of Canada and U.S. Federal Reserve appear to be charting different paths.In a…

House prices in the Fraser Valley posted a slight but positive bump in February after nearly a year of month-over-month decreases. Similarly, sales, though still trending lower than normal, also recorded their first monthly gain since…

OTTAWA – The Bank of Canada is holding its key interest rate steady for the first time in a year while reiterating its wait-and-see approach to monetary policy.The central bank said Wednesday that it has decided to hold its key rate…

TORONTO – Greater Toronto Area home prices fell almost 18 per cent from last February – the largest year-over-year drop on record – as the number of properties sold was halved, the region's real estate board said.The Toronto…

VANCOUVER — The Real Estate Board of Greater Vancouver says February's home sales were up 76.9 per cent from January, but down 47.2 per cent from the year before.The board says sales for the month totalled 1,808, roughly 33 per cent…

CALGARY — The Calgary Real Estate Board says last month's inventory levels were among the lowest the market has seen in February since 2006 as sales were almost halved from a year ago.The board says sales for the month totalled 1,740, a…

OTTAWA — The Canadian economy ended 2022 with a deeper slowdown than anticipated amid higher interest rates but appears to have gained momentum at the start of the new year.On Tuesday, Statistics Canada said real gross domestic product…

TORONTO — An Ontario regulator is warning real estate brokers and agents to be vigilant for fraudsters impersonating homeowners looking to sell properties.The Real Estate Council of Ontario issued a notice this week amid reports those…

OTTAWA – The annual inflation rate slowed more than expected in January, suggesting the Bank of Canada is likely content with its decision to pause rate hikes as price pressures continue to ease.In its consumer price index report…

TORONTO — A new report says that while home prices are down compared with last year, higher mortgage rates mean affordability hasn't improved for Canadians.The report by Ratehub.ca says in nine of the 10 major cities it reviewed,…