Get your complementary Pre-Approval from aDiamondMortgage, here Toronto Surpasses Vancouver as Canada’s priciest market RBC’s chief economist says despite skyrocketing prices, some moderation is likely this year Recent weeks have seen a significant milestone on Canada’s housing and mortgage fronts: after decades with the dubious honour of being the country’s priciest city, Vancouver was finally overtaken by its [&hellip…
Get your complementary Pre-Approval from aDiamondMortgage, here. Economists forecast rising home sales, prices in 2022 Most of Canada’s biggest mortgage lenders and its largest real estate groups are forecasting a robust housing market this year, with some seeing double-digit sale increases and sharp price hikes, despite rising lending rates and a shortage of homes for sale. CIBC, however, [&hellip…
B.C. Government Plans “Cooling Off” Period for Home Sales The Government of British Columbia plans to inject some sober second thought into the province’s hot real estate market by introducing a “cooling-off” period for home sales in the spring. The proposal would allow buyers a period of time where they could back out of their [&hellip…
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