Three Levels of Government Focus on the Housing Market
Most of us pay attention to the news in some capacity. We have all glanced over recent articles about the changes in government policy geared towards the housing market. Our blog this quarter briefly outlines some of the policies. Federal Government Amendment to the foreign buyer ban The release of this policy last year had […]
2023 Housing Market Predictions in Canada
A Decade of Renovations by Kate Gray
Prior to becoming a residential realtor, I was a commercial leasing agent, working mostly with shopping centres. My first big job in the industry was in Grande Prairie, Alberta, leasing at the local mall. I had originally moved up there to live with my new boyfriend, Brett. Around this time, I grew an obsession with […]
Economic Update For Buyers and Sellers
Bank of Canada The Bank of Canada raised the benchmark overnight rate to 3.25% this month. Over the past seven months, the overnight rate has moved from 0.25% to 3.25%. We are expecting at least one more rate increase before the end of the year, likely at the end of October. Current Economic Climate in […]