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REBGV Market Update: Home buyer demand stays below historical averages in August

“Home buyers have been less active in recent months and we’re beginning to see prices edge down for all housing types as a result,” Phil Moore, REBGV president said. “Buyers today have more listings to choose from and face less competition than we’ve seen in our market in recent years.” [read more]

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Canada Not Alone in House Price Mania

The dramatic rise in Canadian house prices has been making headlines almost daily. And for good reason: prices in and around the country’s hottest markets, Toronto (and until recently) Vancouver, have been posting double-digit annual gains. In May, prices in Toronto and Vancouver were up year-over-year 29% and 8.8% respectively. But Canada isn’t the only country experiencing skyrocketing home prices. [read more]

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Buying or selling a home? What you should know from CRA

If you bought your home in 2016 or plan to buy a home, the Canada Revenue Agency (CRA) has information that may help you. [read more]

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