This is Ontario’s Most Promising and Consistent Market

When media outlets talk about Canadian real estate and where the largest increases in property value are, Hamilton is often overlooked. However, when you look at housing price increases across the country for the past 5 years, Hamilton has increased in value more steadily than any area in Canada.. Data from the Canadian Real Estate Association pointed to one of …

Interest Rate Decision Announced by Bank of Canada

The Bank of Canada left its interest rate unchanged at 1.75% on Wednesday, January 9th, as the sharp decline in oil prices temporarily dims its economic outlook for the coming months. “The drop in global oil prices has a material impact on the Canadian outlook, resulting in lower terms of trade and national income,” the bank said in a statement. …

Number of Sales up 6% in October

Toronto Real Estate Board (TREB) President Garry Bhaura announced year-over-year increases in home sales and average sale prices reported through TREB’s MLS System® in October 2018. Greater Toronto Area REALTORS® reported 7,492 sales through their system in October 2018 – a six per cent increase compared to October 2017. The average sale price for October 2018 was up 3.5 per cent on a year-over-year basis …