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Tuesday, August 5th, 2025

‘White-hot’ Vancouver, Toronto housing markets could be dragged down by rest of Canada, report says

A new report from Moody’s Analytics says Canada’s two priciest markets could eventually be dragged down by housing results in the rest of the country. Toronto condo king Brad Lamb delays Alberta projects amid oil slump: ‘The situation is worse than 2008’ Lamb Development Corp. is delaying construction of two condominium projects in Alberta as […]

CMBA Breaking News: BC Budget – Property Transfer Tax Changes

CMBA Breaking News: BC Budget – Property Transfer Tax Changes Breaking News: The BC Minister of Finance has announced several changes to the Property Transfer Tax program, effective Wednesday, which include: a property transfer tax exemption for Canadian citizens and permanent residents who purchase newly-built homes, condos and townhouses under $750,000. Purchasers must live in […]

Why a one-year fixed mortgage is your best bet

It has become a lot tougher to make sense of mortgage rates in the past few weeks. With Canada in the midst of economic misfortune (the decimation of its oil industry), inflation expectations are falling. That usually leads to a drop in mortgage rates. But in today’s bizarro world, the usual is not happening. What […]