Ottawa real estate watchers are calling on the federal government to be more clear about its workspace needs as public servants prepare to spend more time in the office.
U.S. homebuyers had to act fast last week to nab the first sub-6% mortgage rates in more than three years. Now they’re up, and the new conflict in the Middle East threatens to nudge them higher.
Royal Bank of Canada Chief Executive Officer Dave McKay received $23.76 million in total compensation last year, a pay package that included a bonus that was 86% above his target as the firm achieved record earnings.Â
A cooling housing market has been good news for those looking to buy their first home, but for homeowners looking to move up the property ladder, the slowdown is more of a mixed blessing.
Home sales in the Greater Toronto Area fell last month, along with new listings and selling prices, as the city's real estate board believes potential buyers are waiting for the market to bottom out before making a move.
A renewed spike in oil prices combined with data showing labour-market resilience lifted Treasury yields as stocks fell amid reduced odds of Federal Reserve rate cuts.
Treasuries fell for a fourth day as U.S. economic data failed to allay concern that rising crude oil prices will stoke inflation.
The B.C. government has tabled legislation, which the housing minster says will make it easier to kick "problematic" tenants out of supportive housing.
Governor Tiff Macklem announced that the Bank of Canada would start central clearing of repo markets as he outlined downside risks to the country’s financial system.
With Canada's population growth now essentially flat, the country could be heading toward an unprecedented situation where population growth is driven entirely by immigration, one expert says.
Credit Score Myth: Why Rate Shopping Won't Destroy Your Credit (If You Do It Right)This couple wants to compare lenders before committing. Smart move.Their worry: "Will multiple pre-approvals tank our credit?"Here's the truth about credit inquiries a...
Purchase + Renovation Financing: What Actually Works (And What Doesn't)This couple found a house for $725K that needs $150K in work. They want to put $80K down.Their question: Can a bank give us a mortgage for the purchase PLUS the renovations?Short...
It Doesn't Take 44 Years—But It Does Take a PlanI saw this headline from the Toronto Sun last week. My first reaction: "That's not a housing market stat—that's a hope-killer."And it's exactly the kind of narrative that makes first-time buyers either...
The Rental Income Trap: Why $24K/Year Might Not Be Worth ItThis is the North York / Scarborough first-time buyer dilemma I see constantly. The math looks tempting:$1.35M with a legal basement renting for $2,000/monthOr $900K, no tenants, no hassleHe...
The 10-Minute Call That Prevents a $500 Surprise BillOne of my first-time buyer clients who recently converted their primary residence into a rental texted me this last month, three days before their tenant moved in:"Wait, I have to call Toronto Hydr...