Spring brings price growth while new listings remain dormant.
Bank of Canada maintains policy rate, continues quantitative tightening
The Bank of Canada today held its target for the overnight rate at 4½%, with the Bank Rate at 4¾% and the deposit rate at 4½%. The Bank is also continuing its policy of quantitative tightening. Global
Prohibition on the Purchase of Residential Property by Non-Canadians Act
The federal ban on foreign buyers starts on Jan. 1, 2023, and the regulations were finally published yesterday. We have spent a few hours on them but still have more questions than answers such as: 1.